10 Diamond Sand Drive, Upper Coomera QLD 4209
10 Diamond Sand Drive, Upper Coomera QLD 4209
4-bedroom house | 602mยฒ lot | 90% owner-occupied street | 7 days on market | Upper Coomera
This property offers a strong buying case due to its configuration on a 602mยฒ lot with a 147mยฒ building size, which is a practical family layout in a street where 90% of residents are owner-occupiers. The 7-day market time and 77% auction clearance rate in Upper Coomera indicate a competitive environment for four-bedroom houses, and this propertyโs positioning in a stable, high-owner-occupancy street reduces turnover risk. It best serves a family buyer seeking a solid, long-term home in a catchment for Upper Coomera State College, with the median price for similar houses at $1.1 million providing a benchmark for value.
The key risk is the lack of recent sales data for this specific address, meaning the buyer must rely on street-wide trends and the 2004 last sale price, which may not reflect current market conditions. The 12-day average days on market for four-bedroom houses suggests fast decision-making is required, and the absence of scheduled inspections means private viewing is the only option, limiting competitive pressure. An opportunity lies in the 7.3% annual growth for houses in the suburb, which supports capital appreciation if held for at least five years, and the propertyโs configuration is suitable for a family to occupy without immediate renovation. Hold this property as a primary residence to benefit from the owner-occupied street character and local school demand.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Upper Coomera is a high-demand, family-oriented market positioned as a relatively affordable alternative to coastal Gold Coast suburbs. Demand is driven by local families, renters converting to first-time buyers, and interstate relocators, with strong activity in key estates near amenities. Recent data shows robust house price growth between 13.6% and 18.3%, with a median around $1.06M, and houses selling in just 13-17 days. Future growth is underpinned by tight supply and sustained buyer interest, though this limited stock remains a key constraint for purchasers.