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"Coomera leads
the way for houses, with capital growth of 208 per cent in five years,
compared with the state average of 57 per cent..."
Highway suburb our No. 1 growth spot
Reporter - MARK ALEXANDER
Sunday Mail - 25 January 2004
A FORMER whistlestop on the highway south to the Gold Coast has been
ranked No. 1 for house capital growth in Queensland. Coomera, better known
as home to Dreamworld and the colourful late National Party minister Russ
Hinze, leads the way when it comes to rising house prices.
Online property sales information service PropertyValue.com.au has ranked
Coomera, the Number 1 suburb in its Investor Report for Queensland. The
report, based on past and predicted capital growth, lists Queensland's Top
50 suburbs each for houses and units.
Coomera leads the way for houses, with capital growth of 208 per cent in
five years, compared with the state average of 57 per cent. Ningi, near
Bribie Island; Shelly Beach at Caloundra; Mango Hill in Brisbane's north;
and Coolangatta round out the Top 5.
In 12 months, Coomera experienced capital growth of more than 50 per
cent and property prices are expected to power along, with PropertyValue
predicting growth of more than 25 per cent this year.
PRD Nationwide sales consultant Sharon Maunder said Coomera's big
selling point was its location – at the heart of the growth corridor
between Brisbane and the Gold Coast. "It's just so close to both CBDs,"
she said. The mix of affordable and upmarket housing was also a lure, with
investors making way for owner-occupiers. "There's some rural areas, too,
but a lot of that's going as they get snaffled up by developers," she
said.
Several major projects remain in the pipeline for Coomera, including a
satellite city that will become home to 70,000 people.
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 House
& Land information Links |
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Contact information |
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Jacqui Thompson
Telephone - 0413 189 735
International - +61-413-189-735
Greater Coomera Real Estate
PO Box 1276
Oxenford, Queensland, 4210
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