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.