Suburb Profile Report for Upper Coomera QLD (4209)

Upper Coomera House: Median price $490,000, Annual capital growth 1.65%, Number of sales 520, Weekly median advertised rent $460

Upper Coomera Unit: Median price $329,000, Annual capital growth -0.17%, Number of sales 59, Weekly median advertised rent $410

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Upper Coomera, 4209 have given investors a capital gain of 0.26%. This compares averagely with the 1.17% for QLD as a whole.

A 17.22% growth in median value for property investors in Upper Coomera,4209 puts this suburb at number 419th in terms of best performing suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Upper Coomera is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 417th in terms of most discounted suburbs in QLD

With the median price for a house in Upper Coomera being $490000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.88%

At number 926th in the list of Australian suburbs ordered by increase in median house value over the last year, Upper Coomera, 4209 is in the BOTTOM 40% with a property value increase of -2.66% recorded in median house prices.

Upper Coomera,4209 was ranked 796 in Australia by increase in median property value over the quarter.

Vendor discounting in Upper Coomera is giving property investors an average Vendor Discount of around -5.41%. This puts suburb at number 138th in QLD when ranking the most discounted suburbs.

Situated 52.33km from the CBD, Upper Coomera is one of Gold Coast (C) localities in the postcode 4209.

Metrics i HOUSE UNIT
$490,000 $329,000
0.31% 0.46%
0.26% -2.66%
1.65% -0.17%
$460 $410
520 59
4.88% 6.48%
73.1425485961123 97.05

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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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