1/3 Elise Avenue, Coomera QLD 4209

1/3 Elise Avenue, Coomera QLD 4209
Modern townhouse | strong tenant locked to 2026 | family-oriented Coomera | low-maintenance double-storey layout This townhouse offers a rare combination of secure income and modern configuration. The tenancy at $650 per week through to late 2026 eliminates vacancy risk for a buyer seeking immediate cash flow. The double-storey design with a master suite on its own level and open-plan ground floor gives it a competitive edge over single-level units in the same price bracket. It suits an investor prioritising yield stability or an owner-occupier wanting lock-and-leave living in a suburb where 78% of residents are under 40, supporting future rental demand. The main risk is the 162m² lot size, which limits scope for extension or capital appreciation through land value growth. Buyers pay for modern finishes rather than land upside. The 2010 build avoids major structural issues but may require cosmetic updates within five years. The commercial logic is straightforward: hold for the fixed rental term, then reassess for either a rent increase or owner-occupation. Use this property as a passive income vehicle with a defined exit timeline.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/3 Elise Avenue, Coomera QLD 4209
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ! 1
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Market Insight

Coomera is a high-growth family suburb, evidenced by its 52% population surge since 2016. Demand is driven by young families, with houses achieving 15.9% annual growth and a median of $981,000, while units rose 17.6% to $729,000. The market is exceptionally tight, with properties selling in just 19 days, supported by strong rental yields of 4.3% for houses and 5.0% for units. Future growth is underpinned by sustained population expansion, though rapid price escalation presents an inherent affordability constraint for new entrants.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

162m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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