8 Waddiwong Road, Coomera QLD 4209
8 Waddiwong Road, Coomera QLD 4209
This is a fully renovated three-bedroom, two-bathroom single-story house on 655 square metres of land, built in 1988. It is set high on a hill in Coomera, with a single garage and an internal area of 126 square metres.
The property’s strongest competitive edge is its hillside position combined with a complete renovation, offering a move-in-ready home that is rare for its age bracket in this suburb. It serves families seeking a low-maintenance, single-story house on a solid land size without the premium of a new build. The elevation provides a sense of privacy and potential for views, positioning it above the typical flat lots in the area.
The single garage and single bathroom floorplan may limit appeal to buyers with multiple vehicles or larger households, potentially narrowing the buyer pool. The property’s age, while renovated, might still require attention to major structural elements like roofing or plumbing in the medium term. Its proximity to a flood overlay on an adjacent lot should be investigated, as it could influence insurance costs or resale perception.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Waddiwong Road, Coomera QLD 4209
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
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
3
Bathroom
1
Parking
1
Land
655m²
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