Suburb Profile Report for Upper Coomera QLD (4209)

Upper Coomera House: Median price $460,000, Annual capital growth 2.87%, Number of sales 527, Weekly median advertised rent $443

Upper Coomera Unit: Median price $340,000, Annual capital growth 0.80%, Number of sales 109, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Upper Coomera has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.99%

When looking at the potential capital gains offered to property investors over the last 3 years, Upper Coomera comes in at number 254th in QLD.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Upper Coomera itself are offering an average vendor discount of -4.52% to real estate investors.

In the last year 527 properties changed hands in Upper Coomera, which puts it as the 2nd most active market in QLD when comparing the number of sales per suburb.

Upper Coomera has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.94% to date .

If we look at median property appreciation over just the last three months, Upper Coomera has given property investors a paper return of 1.49%. This puts Suburb as 109 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Upper Coomera should be aiming for at least -4.91% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $385 weekly from the median priced house in this suburb.

HOUSE UNIT
$460,000 $340,000
1.55% 1.49%
5.99% 4.94%
2.87% 0.80%
$443 $385
527 109
5.00% 5.89%
65.45 68.42

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 21136
Median household income ($/weekly) 1513
Median age of persons 29
Median housing loan repayment ($/monthly) 2383
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 2411 11.4
    5-14 years 3817 18.1
    25-34 years 3936 18.6
    35-44 years 3721 17.6
    45-54 years 2126 10.1
    Others 5126 24.3
    Age Group
    Census Count Percent(%)
    Registered Married 6836 49.9
    Not Married 4671 34.1
    Defacto Relationship 2191 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 13872 68.7
    Papua New Guinea 3132 15.5
    South Africa 331 1.6
    United Kingdom 1312 6.5
    Other 533 2.6
    Others 1009 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 236 1.2
    Christianity 12838 66.7
    Hinduism 118 0.6
    Islam 108 0.6
    No Religion 5859 30.4
    Others 102 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 588 10.2
    $1,250-$1,499 655 11.4
    $1,500-$1,999 1100 19.1
    $2,000-$2,499 846 14.7
    $2,500-$2,999 486 8.4
    Others 2082 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6626 46.5
    Not in the labour force 3518 24.7
    Employed, worked part-time 2789 19.6
    Unemployed, looking for work 819 5.7
    Employed, away from work 512 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1126 11.3
    Professionals 1390 14.0
    Technicians & trades workers 1776 17.9
    Clerical & administrative workers 1430 14.4
    Sales 1155 11.6
    Others 3052 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 456 8.0
    Infants/Primary 2575 44.9
    Secondary 1600 27.9
    Technical or Further Educational Institution 407 7.1
    University or other Tertiary Institutions 528 9.2
    Others 163 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 17144 85.8
    Semi-detached, row or terrace house, townhouse 2747 13.7
    Flat, unit or apartment 18 0.1
    Caravan, cabin, houseboat 64 0.3
    Improvised home, tent, sleepers out 3 0.0
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2962 47.0
    Being purchased 2661 42.2
    Fully owned 624 9.9
    Other tenure type 61 1.0
    Tenure Type
Census 2011, ABS
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