8/1 Electra Street, Coomera QLD 4209
8/1 Electra Street, Coomera QLD 4209
3 bed townhouse | compact 136sqm lot | flood overlay present | school catchment area | strong rental demand
What is competitively strong about this property is its configuration as a three-bedroom townhouse in a growth corridor where detached housing dominates and smaller lot product is less common. The flood overlay is noted but does not appear to have prevented recent rental and sale activity, suggesting the market has absorbed this constraint. The property sits within school catchments and benefits from full fibre NBN and 5G coverage, which supports both owner-occupier and tenant appeal. This townhouse is best suited to buyers seeking lower-maintenance suburban living without sacrificing bedroom count, or investors targeting consistent rental demand in a corridor with ongoing population growth. The compact lot and single car space may limit appeal for families needing more land or parking, but the configuration itself is efficient for the target buyer.
What may materially affect the value of this property is the flood overlay, which could influence insurance costs and buyer perception, though its impact on sale price is not straightforward without knowing the actual flood risk level. The townhouse format on a small lot also means limited scope for extension or land value appreciation compared to a detached house. The single car space might be a constraint for households with two vehicles, and the lack of confirmed build year or interior finish quality means the condition and upgrade level could swing the price either way. A buyer should weigh these factors against the strong rental signals and school catchment access when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/1 Electra Street, Coomera QLD 4209
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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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
1
Land
136m²
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