Upper Coomera

POSTAL CODE: QLD, 4209
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,040,000.

The upward trend in home prices in UPPER COOMERA, 4209 averaged 11.69% per annum over a 3-year period.

Average weekly rents on listings have reached the $800 mark, reflecting a 4% increase in returns based on the current median price in UPPER COOMERA.

An average of 34.75 real estate transactions take place per month in UPPER COOMERA which translates to 417 per annum.

417 properties were sold in UPPER COOMERA in 2016, making it the 328th most active market in QLD based on total real estate transactions.

UPPER COOMERA, 4209 places 219th in Australia based on median property value growth during the quarter.

Surburb overview

Upper Coomera is a suburb located within the City of Gold Coast, Queensland, approximately 55.5 kilometres southeast of Brisbane's Central Business District (CBD) and 23.9 kilometres northwest of Surfers Paradise. Covering an area of about 23.8 square kilometres, Upper Coomera is situated on the northern side of the Gold Coast, bordered by the Coomera River to the south and the Pacific Motorway (M1) to the east.

According to the 2021 census, Upper Coomera had a population of 27,180 residents, reflecting significant growth from 25,276 in 2016 to 21,136 in 2011. This increase is attributed to its strategic location between Brisbane and the Gold Coast, making it attractive to families and professionals seeking accessible suburban living.

The real estate market in Upper Coomera has been robust. As of November 2024, the median house price was approximately $904,000, with an annual capital growth rate of 14.51%. Rental yields for houses stood at 4.53%, with a median weekly rent of $750. Units had a median price of $683,000, experiencing a 22.29% annual growth, and rental yields were at 5.26%, with a median weekly rent of $665.

Upper Coomera offers a variety of amenities catering to its growing population. Shopping facilities include the Coomera Square Shopping Centre and the nearby Westfield Coomera, which provide residents access to major retailers, specialty shops, and dining options. Educational institutions in the area comprise Upper Coomera State College, Coomera Anglican College, and Assisi Catholic College, which offer comprehensive educational services from primary to secondary levels.

The nearby Coomera railway station on the Gold Coastline facilitates public transportation, offering services to Brisbane and the Gold Coast. The suburb is also well-connected by the M1 Motorway, providing convenient access for motorists.

Upper Coomera offers abundant recreational opportunities. The suburb features numerous parks and green spaces, including the Upper Coomera Community Centre and Aquatic Centre, which offer swimming, fitness, and community events facilities. The nearby Dreamworld theme park provides entertainment options for residents and visitors alike.

Upper Coomera's rapid development is expected to continue, with ongoing infrastructure projects and residential developments to accommodate its growing population. The suburb's blend of modern amenities, educational facilities, and recreational options contributes to its appealing location within the Gold Coast region.

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