12 Elizabeth Street Coomera QLD 4209

12 Elizabeth Street Coomera QLD 4209
4 bed house 2009 built | 405sqm block Coomera | last sold 2017 not disclosed | rental yield possible but unconfirmed The primary risk is the absence of a documented sale price from 2017, which obscures historical value growth and makes capital gains assessment less reliable for a purchase decision. Without recent comparable sales data for this house, the buyer bears the cost of uncertainty in negotiating purchase price, as there is no baseline to benchmark the asking value against market movement. The opportunity lies in the lack of flood or bushfire overlays, reducing long-term insurance and resale risk, and a 190-224sqm internal area on a 405sqm block offers functional space for a family. This property should be held as a long-term family home in a growing corridor, not a short-term flip-its value is in utility and location stability, not speculative gain. The competitive strength is the 2009 build quality on a reasonable block with air conditioning and low overlay risk, making it rare in Coomera where many homes face flood or bushfire constraints. For a buyer seeking a solid four-bedroom house with school catchment advantages and no heritage restrictions, this property positions well against newer but smaller or riskier options in the area. To confirm the buying case, check recent sales of similar 2009-built homes on 400sqm blocks within Coomera-those will validate the $995,000 estimate and give you a clear negotiation range to act on.

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

406mΒ²

Assessments Delivered Today

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