19/26 Yaun Street, Coomera QLD 4209
19/26 Yaun Street, Coomera QLD 4209
Tenanted investment | Low-maintenance townhouse | Gated complex with pool | Flood overlay | Long lease secured
This property presents a turnkey investment in the high-growth Northern Gold Coast corridor. Its immediate tenancy at a solid yield, locked until late 2026, provides rare cash flow certainty for an investor. The low-maintenance, double-storey design within a well-kept complex specifically serves buyers seeking a hands-off holding in a convenient suburban pocket, avoiding the upkeep demands of a house.
The primary risk mechanism is the identified flood overlay, which necessitates specific insurance due diligence and may impact long-term capital growth. The current rental is below estimated market rent, offering a clear, logical opportunity to increase income upon lease renewal. This is a hold property for a passive investor; its value is in reliable tenancy and location, not immediate renovation gains. Proceed with a conveyancer experienced in flood-affected properties.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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.