23 Illusion Place, Coomera QLD 4209
23 Illusion Place, Coomera QLD 4209
23 Illusion Place is a four-bedroom two-bathroom house with two car spaces on 443 square metres of land. The internal area is 161 square metres. It is single-level and built less than ten years ago. Features include ducted air conditioning built-in robes a courtyard swimming pool and full fencing.
The property sits in a master-planned estate where its size and configuration are typical but still compete well because it offers a complete package-pool, low-maintenance yard, and modern finishes-without any obvious compromises. Being newer and single-level makes it especially suitable for families who want move-in convenience and investors looking for stable rental demand. Its location within a planned community provides a consistent streetscape and access to estate amenities which limits surprise and supports long-term value. The property serves best those who prioritise a turnkey home in a growing corridor rather than a unique or character residence.
The value at current listing levels may be influenced by the absence of recent comparable sales within the immediate estate, making it harder to benchmark price precisely. The swimming pool and courtyard add appeal but are not unusual for thisera builds so they may not command a premium. The 2016 purchase price is too far back to guide current value and broader market shifts in Coomera should be weighed carefully. Buyers may want to confirm whether the estate’s staged development has stabilised or if further construction could temporarily affect amenity.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Illusion Place, Coomera QLD 4209
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
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
4
Bathroom
2
Parking
2
Land
443m²
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