Hello All,

New comer to this forum so a g’day to you all.

I am looking to invest in Commera and from what I have have been quoted (by a real esate person who works for a property developer) that for a 4 bedroom property brand new with all inclusons, landscaped etc is around $ 350k- 380k with a rental yield of $350 -$400 a week.

For those of you who live in the area, does this sound reasonable ?

The more I look at Commera the more I want to invest, its just it seems too good to be true with ll the projected capital growth that is predicted for this area.

I have seen that in the Aust Property Investor Planning review that that in 3-4 years property prices in the Gold Coast would rise from $425k – to over $625k.

With all this capital growth and Qld gov’t spending billions on infrastructure and planning you would think that Commera will be a worth while investment especially with the proposed Town centre that will dwarf the Robina town centre.

I welcome your suggestions and feedback

Thankyou