Investor Snapshot – Coombabah Townhouses & Stable Long-Term Returns
Investment Overview
Suburb: Coombabah, QLD
Asset Focus: 2–3 Bedroom Townhouses
Investor Type: SMSF, first-time landlords, long-hold capital investors
Primary Tenant Pool:
Retirees
Stable working couples
Small families
Essential workers (teachers, retail, health)
Performance Summary – 2025
Metric | Value |
|---|---|
Median Townhouse Price | $655,000 |
Median Rent (3-bed) | $650/week |
Gross Yield | 5.2% – 5.5% |
Average Lease Length | 13.4 months |
Vacancy Rate | 1.1% |
Time on Market (Rental) | 6–9 days |
Why Townhouses in Coombabah?
Coombabah is a quiet achiever. It doesn’t rely on hype or high-rise — instead, it delivers low-turnover, low-risk, and low-maintenance returns.
Key Value Drivers:
✅ Proximity to Harbour Town + Arundel Plaza
✅ Public transport and active bus corridors
✅ Walkable to schools, parks, and estuary trails
✅ Tightly held complexes = fewer listings = more demand
✅ Body corp generally low to mid-range ($45–$65/week)
Townhouse Features Tenants Want
✔️ Private courtyard or backyard
✔️ Lock-up garage (1–2 car)
✔️ Air-conditioning in living + master
✔️ Low-maintenance flooring (tiles or hybrid)
✔️ NBN-ready + secure fencing for pets
Norton’s manages several rental townhouses in the area, and we consistently see 12+ applications within the first week of listing — especially for 3-bedders with a second bathroom.
Ideal Complex Features for Investors
When choosing a complex in Coombabah:
✅ Look for on-site managers with good reviews
✅ Check the body corporate sinking fund
✅ Avoid complexes with heavy short-term letting
✅ Ask about historical special levies (e.g., roof or fencing work)
✅ Prioritise locations within 800m of Bayview Street or Hansford Road
Example Deal Breakdown
Purchase Price: $650,000
Rent: $650/week
Body Corporate: $52/week
Rates + Insurance: ~$4,100/year
Gross Yield: ~5.2%
Estimated Net Return (before tax): ~$25,800/year
Long-Term Leasing Stability
Coombabah tenants tend to stay put. This is a local community suburb, not a tourist rental hub. According to Norton’s internal property management data:
Average tenancy: 13+ months
Renewal rate: 65%+
Arrears: Below 0.5%
Most common request: "Long-term unfurnished lease"
As a landlord, this gives you consistency, lower advertising costs, and fewer vacancy gaps.
📞 Work With Norton’s Investment Team
Norton’s Real Estate helps new and established investors:
Source low-maintenance townhouses in high-demand complexes
Estimate true yield + outgoing costs
Review strata documents before contract
Connect with mortgage brokers and PMs
Sell when your equity target is reached
⚠️ Legal Disclaimer
This blog is general in nature. Norton’s Real Estate accepts no responsibility for investment decisions based on this content. Please seek professional legal, tax, or financial advice before purchasing any investment property.