OFF MARKET

1/19 Gumtree Crescent
Upper Coomera QLD 4209

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 171m2
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Property Details for 1/19 Gumtree Cres, Upper Coomera

1/19 Gumtree Cres, Upper Coomera is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 171m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
2012
Land Size
171m2
Local Government
Gold Coast City
Lot/Plan
51/SP249613

Last Listing description (May 2017)

WOW - this 3 years old townhouse has good tenants paying $435 per week, this represents 6.3% gross return on investment plus excellent capital growth prospects due to the future growth forecasts in this key suburb.
The upstairs has master bedroom with balcony and ensuite, 3 big bedrooms and main bathroom.
5th bed room downstairs, modern kitchen with stainless steel appliances, open plan living and dining, full bath room, separate laundry and kitchen. Double lock up Garage with remote control access and storage under stairs.

The townhouse has a good size fully fenced back yard.
Features include air conditioner, swimming pool and spa in the complex, picnic area and on site managers.
Being a 'Building Format Plan' the Body Corporate maintains the front of the property right to the door and even pays for all the external maintenance of the building including painting when it is due. Located at the top on a hill the complex has magnificent breezes and is free from riverine flooding. We are located walking distance to major schools and shops, the Coomera theme parks are all within 5 minutes and we are still minutes to the centre of the Gold Coast yet still close to Brisbane. In short the demand for property for tenants is constant and when the Coomera Town Centre is complete we expect this to be the biggest centre on the Gold Coast.
To view this unique opportunity please call on site mangers Michael or Dora today for a private viewing 0403 739 160 or 07 5665 8612.

Property History for 1/19 Gumtree Cres, Upper Coomera, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$360,000
13 Apr 2017
  • 29 Apr 2017
    Listed for Sale $365,000 (under offer)
  • 13 Apr 2017
    Sold for $360,000
  • 29 Mar 2017
    Listed for Sale $365,000
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About Upper Coomera 4209

The size of Upper Coomera is approximately 23.8 square kilometres. It has 54 parks covering nearly 9.6% of total area. The population of Upper Coomera in 2011 was 21,136 people. By 2016 the population was 25,281 showing a population growth of 19.6% in the area during that time. The predominant age group in Upper Coomera is 0-9 years. Households in Upper Coomera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Coomera work in a trades occupation. In 2011, 51.5% of the homes in Upper Coomera were owner-occupied compared with 53.3% in 2016.

Upper Coomera has 10,082 properties. Over the last 5 years, Houses in Upper Coomera have seen a 92.00% increase in median value, while Units have seen a 121.39% increase. As at 31 August 2024:

  • The median value for Houses in Upper Coomera is $949,822 while the median value for Units is $693,511.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 74 properties listed for sale, and 21 properties listed for rent in Upper coomera on OnTheHouse. According to CoreLogic's data, 546 properties were sold in the past 12 months in Upper coomera.

Suburb Insights for Upper Coomera 4209

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.