The Lura Estate at Coomera, is an exciting new development right near the Gold Coast. Located a short drive from Surfer’s Paradise and close to the free-way up to Brisbane, the idyllic suburban homes are a great representation of the Australian dream.

About the Development

Lura is an exciting new development coming up in Coomera, a suburb of the Gold Coast.

House and land packages are available from the renowned builder Watermark homes

The new Lura Estate is elegantly poised between public transport hubs and motorways, allowing easy access to the greater Gold Coast and Surfer’s Paradise regions, and larger Queensland in general.

These full turnkey homes come complete with:

  • Stone benchtops
  • Stainless Steel Appliances
  • Full landscaping
  • Split system air conditioning
  • Under roof alfresco
  • Exposed Aggregate Driveway​

Prices for a 4 bedroom home are starting as low as $444,900

Investing in Coomera

Coomera has a vibrant and growing suburban appeal, loated close to hospitals and universities; with an easy and accessible public transport system available.

Some Key Metrics for Investing in Coomera

Vacancy Rate: The current vacancy rate is 2.9% (data taken one from sqmresearch.com.au and accurate as of 28-1-2016) , showing that there is a good balance between being a renters market and a landlord’s market, with a slight benefit going to the land lords.

Rental Yield: Current rental yield is estimated to be 5.3% (data taken from realestate.com.au and accurate as of 28-01-2016)

A rental yield of 5.3% is considered to be a very high yield.

This is calculated by looking at the average price of a 4 bedroom home in Coomera of $440,000 and then comparing it to the average rent of $450 per week.

It is estimated that the average mortgage costs, minus the rental prices of a 4 bedroom home in Coomera would create a positive cashflow of $469 per month (estimated competed by realestate.com.au)

Recent Value Growth: The average annual growth for a 4 bedroom home in Coomera has been estimated to be 2.6% (estimation completed by realestate.com.au)

Professional Opinions: Real Estate powerhouse John McGrath has predicted that South East Queensland is the most powerful and beneficial region to be investing in Real Estate right now.

If you would like to find out more about the exciting opportunities presented by Lura Estate, or to speak to a professional about your property investment portfolio, do not hesitate to get in contact with us!