SOLD
Sold on 29 Jun 2024 for $501,000

1 Ritz Drive
Coomera QLD 4209

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 135m2
Land area: 3707m2
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Invest and Co - Brisbane
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Property Details for 1 Ritz Dr, Coomera

Building Type
Land
Year Built
2011
Floor Size
135m2
Land Size
3707m2
Local Government
Gold Coast City
Lot/Plan
1/SP242036

Last Listing description (July 2024)

Auction Location: 10 SHORT ST, SOUTHPORT, SOUTHPORT, 4215

Welcome to 1 Ritz Drive, Coomera - an unparalleled investment opportunity nestled in one of the Gold Coast's most sought after locations. This prime piece of real estate, zoned for medium density residential use, offers a world of potential for developers and investors alike

A RARE opportunity, this great 3707m2 private land in COOMERA has become available with the following features :

* 3707 sqm.
* Corner position with wide 2 road frontages.
* Located in an established subdivision area.
* Coomera Rivers State School & Foxwell State High School is only a few minutes from your front door,
* Close to TAFE and Coomera Train station
* All the major theme parks

Coomera has been one of the city's brightest and best performing suburbs and is set to continue to shine for decades to come as the Gold Coast's leading northern suburb.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. It should be noted that this property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

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Property History for 1 Ritz Dr, Coomera, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$501,000
29 Jun 2024
  • 29 Jun 2024
    Sold for $501,000
  • 05 Jun 2024
    Listed for Sale AUCTION

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About Coomera 4209

The size of Coomera is approximately 24.6 square kilometres. It has 33 parks covering nearly 9.8% of total area. The population of Coomera in 2011 was 8,792 people. By 2016 the population was 13,312 showing a population growth of 51.4% in the area during that time. The predominant age group in Coomera is 0-9 years. Households in Coomera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coomera work in a trades occupation. In 2011, 42.9% of the homes in Coomera were owner-occupied compared with 36.8% in 2016.

Coomera has 9,016 properties. Over the last 5 years, Houses in Coomera have seen a 91.79% increase in median value, while Units have seen a 123.48% increase. As at 31 October 2024:

  • The median value for Houses in Coomera is $877,795 while the median value for Units is $659,335.
  • Houses have a median rent of $730 while Units have a median rent of $630.
There are currently 66 properties listed for sale, and 29 properties listed for rent in Coomera on OnTheHouse. According to CoreLogic's data, 560 properties were sold in the past 12 months in Coomera.

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