Fraud Blocker

Coombabah, QLD 4216

Home » QLD Real Estate Data » Gold Coast City, QLD » Coombabah, QLD 4216

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Coombabah, QLD 4216 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Coombabah, QLD 4216”

  1. The total adult population (15 years or older) of Coombabah 4216 QLD is 8,879, with a median age of 51. Of those, 42.90% are married, 19.63% are divorced or separated, 28.36% are single and 9.15% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $5,844. The median monthly mortgage repayment for households in this suburb is $1,647 which is 28.18% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the sun-drenched state of Queensland, the suburb of Coombabah boasts an estimated 5,503 households. As we delve into the third quarter of 2023, typical property prices for houses have been reported at $797,235, with a median weekly rent of $708. Prospective investors may find these statistics attractive, as they extrapolate to an enticing indicative yield of 4.62%.

    Injecting a socio-economic perspective, Coombabah garners an IRSAD score of 936 out of 1217, suggesting a fairly robust economic environment and a healthy level of community resources. Adding to the investment appeal is the suburb’s renter to owner ratio standing at a mere 28% and a low units to houses ratio of 10%, hinting that the rental market isn’t oversaturated.

    However, potential investors should be aware of the affordability index for houses in Coombabah resting at 53 years. This suggests a higher barrier for homeownership, coupled with higher mortgage pressure. Yet, such conditions can often translate into a robust and consistent rental market.

    Onto the supply metrics, Coombabah exhibits a low stock on market percentage of only 0.26% and an inventory level of just 0.65 months, supporting potential for a strong market absorption of new listings. Further, with the building approval ratio situated at a low 0.08%, there’s a scarce influx of new residential buildings, which could further squeeze supply in the future.

    An examination of the demand metrics unveils a days on market average of 33 days – a positive indication of high demand. The vacancy rate, which combines both houses and units, rests at a moderate 1.37%, representing reasonably high demand and low vacancy. Lastly, the buy search index for houses in Coombabah stands firm at 5, symbolising a stable demand which is in line with the state average.

    To conclude, while some metrics indicate potential challenges like the high affordability index, the blend of favourable yields, a healthy IRSAD score and promising supply-demand dynamics, suggests that Coombabah could be an interesting consideration for property investors. It’s always recommended to keep a close watch on market trends across multiple metrics, including the Relative Composite Score (RCS), to successfully navigate and triumph in the versatile Australian property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment