The suburb of Upper Coomera in the Gold Coast region is gaining a lot of attention from property investors lately. Affordable housing, diverse community, award-winning schools, clean environment and so much more.
With better property market conditions affecting the entire country, Upper Coomera offers positively geared properties with high capital growth forecasts.
Property Market in Upper Coomera
Upper Coomera is a hot spot for new home and land development projects. The median property price in the area is $490,000 for a 4-bedroom home and $411,250 for a 3-bedroom home. That is why you can score a great house and land package with a $500,000 budget. With improving market conditions like record-low interested rates and loosened loan restrictions, investors are optimistic and well-financed.
Educated property investors are finding great opportunities not only in Upper Coomera but in the entire region of the Gold Coast. As one of the fastest-growing regions in Australia, the property market in the Gold Coast peaked level of critical mass in its economy and population. This may result to better long-term stability for investments.
According to the 2016 Census report by the Australian Bureau of Statistics, there are 25,276 people living in Upper Coomera. That total is close to the total of the most populated suburb in the Gold Coast, Southport with 31,908 in 2016. Numbers are expected to increase.
A growing population drive demand in the property market, which will then result to higher prices for residential properties.
Living in Upper Coomera
Living in Upper Coomera means living near the best commercial, leisure, entertainment and education establishments recognised not only in the state but throughout Australia.
For fun and quality time with the entire family, Australia’s biggest theme park, Dreamworld is only 8 minutes away by car. Just a little further is the Warner Bros. Movie World. Right next door of Movie World is the Wet ‘n’ Wild Gold Coast water park and it is the perfect weekend getaway destination for the whole family. Sea World marine park is also only half an hour drive from the suburb. The best beaches of the Gold Coast are no more than 1 hour drive from the suburb as well including Surfers Paradise and the Main Beach.
Most schools in and near Upper Coomera offers Prep to Year 12 education. One of the best schools in the Gold Coast, Saint Stephen’s College is only 5 minutes away from the suburb. This institution is the recipient of the Best School Strategic Plan award during the 2019 Australian Education Awards. It is also the winner of the Educator Innovative Schools Award for four consecutive years, 2016 to 2019.
Other great options are Upper Coomera State College, Assisi Catholic College and Coomera Anglican College. In terms of amenities and retail, the Coomera City Centre is within the suburb and Westfield Coomera is only a couple of minutes away. The suburb has Haan Health Medical Centre and Coomera Health Practice for health care services and products. There are also a couple of hospitals and medical clinics just outside the suburb.
Property Investment in Upper Coomera
Educated investors are highly considering Upper Coomera’s property market. That is because it offers great value for both long-term investment and positive cashflow. Gallery Group are currently developing a 232 lot project in Upper Coomera. With record-low interest rates, and housing the area expected to increase – the best time to invest is now.
Contact us today if you are planning on buying a property in Upper Coomera and will connect you with one of our team members.