Coomera is a large suburb in Queensland within the Gold Coast local government area (postcode 4209). With a population of 20,225, the suburb has a younger, working-age population with a median age of 29. Households earn a median income of $100K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
The median house price in Coomera is $780,000, having jumped by 11.4% over the past year. Units have a median price of $835,000 (+21.9% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $2,000.
Coomera is served by 7 schools, including 3 primary, 1 secondary, 2 combined, 1 special. The average ICSEA score is 1022, which is around the national average of 1,000. Public transport access includes 2 rail stations, 56 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,699 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 5.0% (high yield). Property prices are near the state median ($780K/$1.1M). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +11.4% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.