Upper Coomera

Local Government Authority

Gold Coast 

Location

Northern Gold Coast, inland approximately 22km from Surfers Paradise

Features

Dreamworld, access to Pacific Motorway; positiioning mid-way between Brisbane and the Gold Coast; acreage properties.

Median Price

REIQ research shows that in the 2005 calendar year, the median house price was $325,000. The median unit and townhouse price for the same period was $307,000

Commentary

Coomera has long been earmarked by the Gold Coast City Council and the State Government for a new satellite growth suburb of the Gold Coast, similar in many ways to Robina.  Coomeras current population stands at around 12,000 however it is expected to multiply to about 80,000 over the next 20 years as the area develops into a self-sufficient regional town centre.

The area is separated into Coomera to the east and Upper Coomera tot he west of the Pacific Motorway respectively.  The suburbs are very different from each other and this is reflected in the values.

Upper Coomera is seen as having the semi-rural lifestyle, but this is shared with the development of single detached dwellings.  There are a mixture of land uses from dairy farming and cattle grazing to crop growing.

The developments in this location benefit from the close proximity to the Coomera River.

The Upper Coomera precinct has also seen much development with Coomera Springs, a residential development that is to have 750 home sites set around a lake, parklands and recreational facilities.  Other developments include Coomera Parklands, Coomera Grand, River Meadows and College Grange.

According to the 2001 Census there were 11,279 people living in the suburb (listed as Coomera-Cedar Creek) with a median age of 30.  The median individual income was between $400 and $499 per week.  Of all occupied private dwellings 45% were either fully owned or being purchased; 47% were being rented.