1/28 Fortune Street, Coomera QLD 4209

1/28 Fortune Street, Coomera QLD 4209
Modern townhouse | long-term tenancy until 2027 | 2015 built | flood overlay applies | 3-4 bed configuration This townhouse presents a low-maintenance investment with immediate, secured income, appealing directly to passive investors. Its 2023 resale and modern 2015 construction suggest contemporary finishes, while the dual living areas and flexible bedroom/office layout cater to both family renters and remote workers. The property’s core strength is tenancy stability, with sitting tenants providing cash flow certainty for nearly three years, ideal for an investor seeking hands-off entry into the Coomera market. Proceed with disciplined due diligence on the flood overlay, as any assessment requirement directly impacts insurance costs and future saleability. The modest land size limits capital growth upside relative to larger lots, anchoring this property’s primary utility to yield. Acquire this as a set-and-forget income stream, not a land banking play, and commission an independent strata report to verify financial health ahead of the 2026 update.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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

4

Bathroom

2

Parking

2

Land

118mΒ²

Assessments Delivered Today

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