AREA REPORTS

Upper Coomera

Suburb Profile

Upper Coomera - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4209

house
unit

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 $499,000.

The upward trend in home prices in UPPER COOMERA, 4209 averaged 5.8% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 4.69% increase in returns based on the current median price in UPPER COOMERA.

An average of 42 real estate transactions take place per month in UPPER COOMERA which translates to 504 per annum.

504 properties were sold in UPPER COOMERA in 2016, making it the 226th most active market in QLD based on total real estate transactions.

UPPER COOMERA, 4209 places 458th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $499,000 $371,000
GROWTH REPORT
Median Quarterly -0.2% -2.37%
Median 12 month 2.89% -0.78%
Median 3 years 17.41% 17.78%
Median 5 years 28.28% 30.18%
10 years average annual 1.68% 0.75%
Weekly media advert. rent $450 $395
Time on Market 59.5 days 83.6 days
Gross Rental Yield Percent 4.69% 5.54%
demographics (median values)
Total Population
6108
Weekly Household Income
1156
Household Size
3.10
demographics
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