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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

Upper Coomera's property market has experienced significant growth over the past 12 months, with house values increasing by 14.5% and unit values surging by 22.3%. The current median house price stands at $920,000, while the median unit price is $700,000, indicating strong demand across both property types.

Sales activity has been robust, with 137 houses and 17 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of 18 days on the market and units just 9 days, reflecting high buyer interest and competition.

The rental market in Upper Coomera has also seen healthy growth, with average rents for houses increasing by 7.1% and units by 7.3% over the last year. This suggests a strong rental demand in the area, making it an attractive option for investors.

Median price - houses$920KPast 3 months

Median price - units$700KPast 3 months

Change in value - houses14.6%12 months

Change in value - units22.1%12 months

Houses sold115Past 3 months

Units sold16Past 3 months

Median DOM - houses18.5Past 12 months

Median DOM - units9Past 12 months

Average rent - houses$760Past 12 months

Average rent - units$675Past 12 months

Change in rent - houses8.6%Past 12 months

Change in rent - units8.9%Past 12 months

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 7.1% over the past year to $750 per week, while unit rents have risen 7.3% to $665 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:

Common questions about Upper Coomera

  • Is Upper Coomera a nice place to live?

    Upper Coomera is a delightful suburb that offers a fantastic blend of suburban comfort and accessibility, making it a wonderful place to live. Known for its welcoming and family-friendly atmosphere, it provides a peaceful environment with a strong sense of community. The suburb is characterized by its modern housing developments and established homes, catering to a diverse range of residents. Families will find Upper Coomera particularly appealing due to its excellent schools, parks, and recreational facilities, which contribute to a high quality of life.

    The suburb's strategic location is one of its standout features, offering easy access to both Brisbane and the Gold Coast's stunning beaches via the M1 motorway. This makes it an ideal choice for those who seek a balance between urban convenience and suburban tranquility. While Upper Coomera may not have the bustling nightlife of inner-city areas, it compensates with a variety of shopping centres, cafes, and restaurants that provide ample opportunities for leisure and socializing. Safety is generally not a major concern, contributing to the suburb's appeal for families and professionals alike.

    However, living in Upper Coomera does come with some trade-offs. As the suburb continues to grow, residents may experience increased traffic during peak hours, particularly around the M1 motorway. Additionally, while the suburb offers a range of amenities, those seeking a vibrant cultural scene might need to travel to nearby urban centres. Despite these considerations, Upper Coomera remains a highly desirable place to live, especially for families looking to establish roots in a community-focused environment with excellent amenities and a promising future.

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  • Is it expensive to live in Upper Coomera?

    Living in Upper Coomera can be somewhat expensive, especially when you consider the current property market. The median house price is around $920,000, and units are not far behind at $700,000. If you're planning to rent, houses average about $750 per week, while units go for approximately $665 weekly. These figures suggest that housing costs in Upper Coomera are on the higher side.

    When you compare the average wage in Upper Coomera, which is about $78,000 per year, to the cost of living, it becomes clear that a significant portion of income would need to be allocated to housing expenses. This average income is relatively in line with Queensland's overall earnings, but the high property prices and rents indicate that living in Upper Coomera might stretch the budget for many.

    While Upper Coomera offers a desirable lifestyle with its proximity to the Gold Coast and a family-friendly environment, the cost of living, particularly regarding housing, is substantial. If you are thinking of living in Upper Coomera, it's important to evaluate your finances to ensure they can accommodate the costs associated with this appealing suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Upper Coomera a good place to invest?

    Upper Coomera is shaping up to be a promising suburb for investment, especially considering the recent data. Over the past 12 months, the suburb has experienced a significant increase in property values, with median house values rising by 14.5% and unit values surging by 22.3%. This indicates a strong demand for properties in the area, which is a positive sign for potential investors looking for capital growth.

    In addition to the impressive growth in property values, Upper Coomera has also seen a healthy increase in rental returns. Rent for houses has gone up by 7.1%, and units have seen a similar rise of 7.3%. This trend suggests that the suburb is not only attracting buyers but also renters, making it an attractive option for investors seeking reliable rental income.

    Overall, Upper Coomera presents a compelling case for investment. The combination of strong capital growth and rising rental yields makes it a suburb worth considering for those looking to invest in the real estate market. With its upward trajectory, Upper Coomera could offer both solid returns and long-term potential for property investors.

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