5 Carissa Street, Coomera QLD 4209

5 Carissa Street, Coomera QLD 4209
4 bed study | 405mยฒ lowโ€‘maintenance block | 51% building coverage | modern finishes | flood & bushfire overlay noted This is a wellโ€‘specified modern house in a growth corridor where 4โ€‘bedroom family stock is the dominant demand driver. The 208mยฒ floorplan with high ceilings, a study, and an island bench sits above entryโ€‘level specification, while the 405mยฒ block keeps yard upkeep low. It serves families who need school catchments and motorway access, plus investors looking for broad tenant appeal in a suburb where rents have risen materially. The configuration is competitive because it pairs genuine family space with a footprint that does not waste land. The flood and bushfire overlays flagged on title may affect insurance premiums and could narrow the buyer pool if lenders impose stricter conditions. The 51% building coverage leaves limited room for extension, which may cap future value growth compared to largerโ€‘lot neighbours. Rental history shows a sharp increase from 2021, which supports current income projections, but that trajectory may moderate as more stock enters the corridor. These factors should be weighed when forming a view on price, not dismissed.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Carissa Street, Coomera QLD 4209
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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

405mยฒ

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