14/26 Fortune Street Coomera QLD 4209
14/26 Fortune Street Coomera QLD 4209
2-bed townhouse, 318sqm land, flood overlay detected | 89sqm floorplan, quiet estate, downsizer appeal | Coomera schooling catchment, 5G coverage | 2022 entry at $429k, now $779k ask
This property presents a rare configuration for Coomera: a townhouse on a full 318sqm lot, which is unusually generous for the product type. The land-to-floor ratio offers a buyer a genuine edge in a market where attached housing typically sacrifices outdoor space. The quiet secure estate positioning and low-maintenance design suit downsizers and first-home buyers seeking a lock-and-leave with a yard, while the 5G and NBN Hybrid Fibre Coaxial connectivity add practical liveability. The current asking price reflects a near-doubling from the 2022 purchase, which signals strong local demand but also narrows the margin for capital growth in the short term.
The flood overlay is the primary risk and will constrain finance options and resale pool. A buyer must commission a full flood study and factor in elevated insurance costs. The 89sqm internal area is compact for two bedrooms, which limits appeal to families and may slow future exit velocity. The rental estimate of $645 per week suggests a gross yield of roughly 4.3% at the current ask, which is acceptable but not exceptional for the area. The schooling catchment adds stability for owner-occupiers. Hold this property as a long-term residential hold, not a flip; its value lies in the land component and estate amenity, not the floorplan.
Detailed Independent Property Report prepared by PropCred Analyst team for 14/26 Fortune Street Coomera QLD 4209
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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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
2
Bathroom
1
Parking
1
Land
318m²
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