27 Conjola Cres, Upper Coomera QLD 4209

27 Conjola Cres, Upper Coomera QLD 4209
Freehold house | 451mΒ² lot | non-flood zone | rented $450pw in 2015 | current yield under 4% The property offers a 150mΒ² floorplate on a 451mΒ² block with no bushfire or flood overlayβ€”risk mechanisms here are minimal, but the low building coverage of 33% leaves a large backyard that could raise maintenance costs for downsizers. The opportunity is in the rental yield: at a plausible $900 per week, the gross yield sits near 4%, which is competitive for Upper Coomera but below what a duplex or unit might return. However, for a buyer holding long-term, the 2012 build quality and school catchment to Highland Reserve State School mitigate depreciation risk. Plain judgment: this suits a buyer who wants a turnkey house with minimal defect risk, not a renovation play. Competitively, the rarity here is a single-level home on a flat lot in a street where only 32% of properties are over ten years oldβ€”meaning most neighbours are newer builds, which supports resale. The features that strengthen a buyer’s position are the separate media room and outdoor entertainment area plus the shed with roller door, which add practical value for a family or home-based business user. This property serves best a first-home buyer wanting to lock in a low-maintenance asset without flood or heritage overlays, or an investor targeting the $840–$920 weekly bracket. Comparable sales data shows 19 Conjola Crescent at an estimated $1,155,100, suggesting this listing at $1,175,000+ is priced within 2% of that benchmark, confirming no material overhang. The takeaway: if you need a house that holds value and rents quickly, this is the kind of property you inspect with a building and pest report already in handβ€”next step is to verify the shed’s approval status and test the internet speed on your phone.

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

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Market Insight:

Upper Coomera is a high-demand, family-oriented market positioned as a relatively affordable alternative to coastal Gold Coast suburbs. Demand is driven by local families, renters converting to first-time buyers, and interstate relocators, with strong activity in key estates near amenities. Recent data shows robust house price growth between 13.6% and 18.3%, with a median around $1.06M, and houses selling in just 13-17 days. Future growth is underpinned by tight supply and sustained buyer interest, though this limited stock remains a key constraint for purchasers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

451mΒ²

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