Coomera

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Camelot in Coomera is the latest residential community in the heart of the booming Northern Gold Coast growth corridor suburb of Coomera.
Location-wise, <a href="https://www.choicehomes.com.au/estate/camelot" target="_blank">Camelot</a> offers everything for growing families. The area is home to numerous primary and secondary schools, the Coomera Marine Precinct and a modern TAFE campus.
Stage 1 of the billion dollar Coomera Town Centre – designed over 60ha with a focus on business, livability and community – has now opened.
The centre features 140 specialty shops, including Woolworths, Coles, Target, Kmart and a cinema; it will transform Coomera into a benchmark dining, lifestyle and entertainment destination.
The flagship of the town centre is a new Westfield shopping centre, anchored by a Myer department store.
The centre also includes government and commercial offices, medical facilities, alfresco dining precinct, and world-class retail, all close to the existing Coomera Railway Station.
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Coomera train station is the multimillion- dollar transport hub of the Northern Gold Coast, providing train station and rapid commuter services to Brisbane and Robina.
Stage 2 of the Gold Coast Light Rail is now complete, linking the Northern Gold Coast via light rail to the centres of Surfers Paradise, Broadbeach and Griffith University.
Its progress is set to unlock around $1 billion of development along the route.
The hub and interchange is also serviced by Gold Coast buses and links with the Gold Coast’s three major theme parks.
Camelot in Coomera also puts on your doorstep the natural wonders of South Stradbroke Island, the Coomera River, and the Gold Coast’s Broadwater and its sundrenched beaches. Each is a must to experience first-hand, where you can share and enjoy a special piece of paradise.
To download Choice Homes Urban Appeal 2019 magazine, <a href="https://www.choicehomes.com.au/estate/sovereign-estate" target="_blank">click here</a>.
 
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Booming Coomera to be home to residential community Camelot 

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The Orchid is the latest display homes from Choice Homes to hit the market, and it is being marketed online with innovative technology.
Orchid, available by appointment at Camelot in Coomera, is live online and can be viewed through an interactive <a href="https://my.matterport.com/show/?m=PKMURQDQVH2&amp;utm_source=Property+Observer+List&amp;utm_campaign=dadf2b7a49-EMAIL_CAMPAIGN_2018_10_08_05_09&amp;utm_medium=email&amp;utm_term=0_a523fbfccb-dadf2b7a49-239793717" target="_blank">3D walkthrough</a>, a big step in the house and land package space.
Camelot in Coomera is located near the recently finished Coomera Town Centre.
<img src="https://www.urban.com.au/images/2018/10/10/VR%201.JPG" alt="">
The Orchid homes behind a modern facade have 184 square metre internal living space.
They are described as "the ideal solution for those narrow to build on allotments".
The Orchid has four bedrooms with built in wardrobes and an open plan family, dining and kitchen space. There's also a separate living area.
Overlooking the rear garden is a covered outdoor entertaining area.
Stage one of the Camelot NDS release, a total of 49 lots priced around $502,540, was almost completely sold out.
However stage two and stage three have seven lots and 17 lots available. 
Lots in stage two are priced from $499,000, while lots in stage three are priced from $512,850.
Following in the Orchid's footsteps, Choice Homes recently released a <a href="https://my.matterport.com/show/?m=T6DLgrXScvq" target="_blank">3D walkthrough for their Bangalow design</a>.
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3D tours of Choice Homes' Camelot in Coomera homes now available

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Major changes are afoot for the property market in the northern Gold Coast growth corridor with the first stage of the long-awaited $1.5 billion Coomera Town Centre near completion.
The $470 million Westfield Coomera, next to the Coomera Train Station, is due to open its doors soon.
The opening on October 11 will see retail space spanning 59,000 square metres, 140 speciality stores, major supermarket and retail outlets and a cinema complex, with 7500 jobs created through the construction of the centre.
It heralds the start of big things for the property market in the region as more residential and commercial developments come to fruition.
<a id="m_-1202451848694209736LPlnk200204" href="http://www.riskwiseproperty.com.au/" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=http://www.riskwiseproperty.com.au/&amp;source=gmail&amp;ust=1537832943365000&amp;usg=AFQjCNEVKG5TlKX4MJ4RF7B3fRj2xkj_wQ">RiskWise Property Research</a> CEO Doron Peleg (pictured above) said the Town Centre, which had been decades in the planning, would stimulate the property market with long-term capital gain forecast. 
In fact, he said the whole region stretching from Oxenford in the south to Pimpama and Ormeau in the north would reap the benefits.
Coomera’s median price for houses is $485,267 and for units $344,029, which Peleg said made them “very affordable”.
And with the forecast population growth, high demand would create healthy capital gains over the next decade.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/24/Coomera%20Capital%20Growth%20-%20Houses.jpg" alt="">
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/24/Coomera%20Capital%20Growth%20-%20Units.jpg" alt="">
Peleg said it was important to remember that while houses were always a good investment, units carried a higher level of risk due to potential oversupply issues and that they did not appeal to families looking for three bedrooms and a yard, meaning demand is less. 
There were 3671 houses in the pipeline for the next 24 months (making up 23.9% of existing stock) and while that carried a certain level of risk in the short term, over the medium and long term the area was likely to experience solid capital growth.
There are 558 units in the pipeline making up 16.7% of current stock.
“The northern Gold Coast growth corridor is probably the fastest growing in the region,” he said.
“In 2011 there were 8,793 people living in Coomera but by the 2016 Census there were 13,305. That’s a growth rate of 51.3% and with the development of the Town Centre the population is going to rise dramatically.” 
According to the Queensland Government Statistician’s Office (<a id="m_-1202451848694209736LPlnk72615" href="http://www.qgso.qld.gov.au/" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=http://www.qgso.qld.gov.au/&amp;source=gmail&amp;ust=1537832943365000&amp;usg=AFQjCNG1tnSxri6wGGzOE9EML0Vsmw6jUg">QGSO</a>), the population of Coomera, Pimpama, Upper Coomera – Willow Vale is currently just over 50,500 but this figure is projected to more than double to close to 132,000 by 2036.
“Anywhere we see population growth like this, we also see huge demand for dwellings, and this means the projection for strong capital growth is good,” Peleg said.
“Also, with relatively easy access to both the Brisbane CBD, via train or the Pacific Motorway, and the Gold Coast beaches which are less than a 30-minute drive away, or a trip by train and light rail, it only adds to its popularity.
“In addition, Coomera either has, or will eventually have, a community centre, library, numerous sporting facilities, a private hospital and an Olympic-sized pool, plus many more facilities.”
The Gold Coast Marine Centre is also based at Coomera, as is the popular Dreamworld theme park. Both are major employers in the area.
Other drawcards for families are the number of quality schools, both private and public, either in the suburb or nearby, including two GCIT campuses in Coomera.
Apart from Westfield Coomera, other shopping centres in the area include Coomera City Centre and Coles Upper Coomera while Westfield Helensvale is a 10-minute drive away.
Plans for a 54-hectare business park, known as The Link Coomera, have also been filed with Council.
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Coomera property market set to take off: RiskWise

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Choice Homes is offering a live feed for online viewers to watch infrastructure developments in their Camelot development in Coomera.
Camelot of Amity is a masterplanned residential community in the Northern Gold Coast growth corridor.
The billion plus dollar Coomera Town Centre, Stage 1, is to be completed later this year and a 5-minute drive from Camelot.
Stage one of Camelot's release, a total of 41 lots, has only 14 left, priced from $502,540.
According to Choice Homes the development is close to the new Coomera East shopping centre, with a Woolworths supermarket and six specialty stores, including a BWS liquor store, chemist, Sushi Train and other convenience outlets.
The area is also home to numerous primary and secondary schools, the Coomera Marine Precinct and a modern TAFE campus.
The 60ha Coomera Town Centre – designed with a focus on business, livability and community – is now under construction and close to Camelot of Amity.
The flagship of the planned town centre is a new 100,000sqm Westfield shopping centre, anchored by a 12,000sqm Myer department store. The centre will also include government and commercial offices, medical facilities and education facilities close to the existing Coomera Railway Station.
To watch the feed, <a href="https://www.choicehomes.com.au/marketupdates/live-infrastructure-update-for-camelot-in-coomera" target="_blank">click here</a>.
 
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Live infrastructure update from the Camelot development, Coomera

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2017 is predicted to track much the same as 2016 for the northern Gold Coast market, according to HTW’s February 2017 update.
The valuation firm says strong infrastructure investments, including the recent upgrade of Exit 54 and the scheduled commencement of construction of Westfield’s Coomera Shopping Centre, should ensure that demand from both investors and owner occupiers remains strong.
Coomera is a suburb that could be worth watching throughout the year, the report says.
Property types vary from semi-modern two-bedroom units starting in the mid $200,000s to prestige canal front dwellings achieving prices up to $1.8 million.
Coomera Waters is the premier estate in this suburb and is favoured by owner occupiers.
“Rental demand is likely to remain steady to strong with the construction workforce required to complete the impending shopping centre likely to look for accommodation nearby,” HTW says.
“Additionally, the adjoining suburb of Pimpama is likely to experience a flow on effect.”
Pimpama is largely dominated by investment stock, with many new estates either under construction or nearing completion in 2016.
“With such large quantities of rental properties coming on to the market there is a chance of an oversupply if the new stock is not leased within a reasonable letting period.
“Unfortunately, the majority of these house and land packages are sold to investors at rates above market value, which in turn can lead to the purchaser experiencing a loss if the property has to be sold.
“With there being very little difference aesthetically between these investment properties, prices can drop significantly if a large number are to come on to the market at the same time.”
A four bedroom house at <a href="https://www.realestate.com.au/property-house-qld-coomera-124382722" target="_blank">10 Cherry Court</a>, Coomera (above) has been listed for $558,000.
Similarly a five bedroom house at <a href="https://www.realestate.com.au/property-house-qld-coomera-124645246" target="_blank">3 Paradise Drive</a>, Coomera (below) has been listed for $579,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/22/3%20Paradise%20Drive.jpg" alt="">
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