Upper Coomera suburb profile
Upper Coomera is a rapidly growing suburb located in the northern part of the Gold Coast, Queensland. Known for its family-friendly atmosphere, it offers a mix of modern housing developments and established homes. The suburb is well-served by a range of amenities, including shopping centres, schools, and recreational facilities, making it an attractive destination for families and professionals. Upper Coomera's proximity to the M1 motorway provides easy access to both Brisbane and the Gold Coast's beaches, enhancing its appeal as a convenient and desirable place to live. With its blend of suburban comfort and accessibility, Upper Coomera continues to attract new residents.
Upper Coomera property market performance
Current median dwelling price$885,000Past 3 months
Property growth+11.0%Past 12 months
Upper Coomera’s property market has shown robust growth over the past 12 months, with house values increasing by 10.1% and unit values rising by 11.8%. The median house price has reached $1.01 million, while units have averaged $760,000, indicating strong demand across both property types.
Sales activity has been vibrant, with 117 houses and 37 units sold in the past three months. Houses are selling relatively quickly, with a median of 28 days on the market, compared to 38 days for units, suggesting a slightly higher demand for houses.
The rental market in Upper Coomera has also experienced notable growth, with average rents for houses increasing by 7.5% and units by 7.7% over the last 12 months, reflecting a healthy demand for rental properties in the area.
Houses | Units | |
---|---|---|
Median price Past 3 months | $1.01M | $760K |
Change in value Past 12 months | 10.1% | 11.8% |
Sold Past 3 months | 117 | 37 |
Median days on market Past 12 months | 28 | 38 |
Average rent Past 12 months | $790 | $700 |
Change in rent Past 12 months | 7.5% | 7.7% |
5 year median price trend for houses and units
Upper Coomera demographics
Upper Coomera, located in the northern part of the Gold Coast, is a thriving suburb known for its family-friendly environment and rapid development. With a population of 27,180 and a median age of 33, it attracts a youthful demographic, including many young families and professionals. The suburb's proximity to both Brisbane and the Gold Coast makes it an ideal location for those seeking a balance between urban convenience and suburban tranquility.
The housing landscape in Upper Coomera is diverse, with a significant portion of properties owned with a mortgage, accounting for 48.6% of the total. This reflects the suburb's appeal to new homeowners and growing families looking to establish roots. Additionally, 34.9% of properties are rented, catering to those who prefer flexibility or are new to the area. The suburb's family-oriented nature is evident, with 51.5% of households being couple families with children, highlighting its suitability for raising a family.
Upper Coomera offers a range of amenities, including schools, shopping centers, and recreational facilities, making it a convenient and attractive place to live. The median total household income of $1991 per week indicates a relatively comfortable standard of living, supporting a lifestyle that balances work and leisure. With its strategic location, community-focused atmosphere, and growing infrastructure, Upper Coomera continues to be a sought-after destination for families and individuals alike.
Upper Coomera infrastructure, key developments and investment opportunities
Upper Coomera continues to see significant growth and development. The $1 billion Westfield Coomera shopping centre, which opened in 2018, has enhanced retail and entertainment options in the area. Several new residential developments are underway, including the Foreshore Coomera master-planned community, which will add over 2,000 new homes along with parks and community facilities.
Infrastructure improvements include the recently completed $163 million upgrade to Exit 54 on the M1 Pacific Motorway, improving access and traffic flow. Plans are also progressing for a new train station at Pimpama, just north of Upper Coomera, which will enhance public transport connections. These developments are likely to sustain strong demand for housing in Upper Coomera as the suburb continues to grow and mature.
Upper Coomera rental market trends
The rental market in Upper Coomera has experienced steady growth, with house rents increasing by 7.5% over the past year to $790 per week, and unit rents rising by 7.7% to $700 per week. This suburb continues to attract renters and investors alike, thanks to its family-friendly environment and proximity to key amenities and transport links.
Suburbs near Upper Coomera
Some popular suburbs near Upper Coomera include:
How does Upper Coomera compare to nearby suburbs?
- Median house prices: Upper Coomera’s median house price is 11.6% higher than Pimpama’s.
- Median unit prices: Upper Coomera’s median unit price is 3.4% higher than Pimpama’s.
- House price growth: Over the past 12 months, house prices in Upper Coomera have grown 13.1% higher than in Hope Island.
- Unit price growth: Over the past 12 months, unit prices in Upper Coomera have grown 3.1% higher than in Hope Island.
- Selling speed for houses: Properties in Upper Coomera are selling 78.0% faster than in Hope Island.
- Selling speed for units: Properties in Upper Coomera are selling 56.3% faster than in Hope Island.