48/28 Fortune Street, Coomera QLD 4209
48/28 Fortune Street, Coomera QLD 4209
North-facing townhouse | quiet cul-de-sac estate | flood overlay requires assessment | strong school catchments | move-in ready with pool
This north-facing townhouse in Fortune Park Estate presents a competitively strong offering for an owner-occupying family, given its quiet cul-de-sac positioning and direct catchment for well-regarded schools. The immaculate, double-storey layout with private courtyard and pool is above the standard for Coomera townhouses, serving buyers seeking a low-maintenance yet spacious residence in an established community. Its smaller land parcel is offset by functional living areas and amenities that align with modern expectations.
The primary decision point is the flood overlay, which necessitates a professional assessment and may impact insurance costs and future resale liquidity. The rental yield estimate suggests solid investment logic if purchased below the upper valuation range. This property is best acquired as a long-term family home, where its livability advantages can be fully utilised, rather than a short-term holding. Proceed with due diligence on the flood risk, after which it represents a sound residential proposition in a high-demand location.
Detailed Independent Property Report prepared by PropCred Analyst team for 48/28 Fortune Street, Coomera QLD 4209
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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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
3
Bathroom
2
Parking
2
Land
76m²
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