Coombabah is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4216). With a population of 10,298, the suburb has a mature demographic with a median age of 51. Households earn a median income of $57K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Coombabah is $933,000, having surged 20.3% over the past year. Units have a median price of $648,000 (+14.7% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,647.
Coombabah is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 993, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Coombabah offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($933K/$1.1M). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +20.3% year-on-year.
Coombabah is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4216). With a population of 10,298, the suburb has a mature demographic with a median age of 51. Households earn a median income of $57K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Coombabah is $933,000, having surged 20.3% over the past year. Units have a median price of $648,000 (+14.7% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,647.
Coombabah is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 993, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Coombabah offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($933K/$1.1M). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +20.3% year-on-year.