Gold in the Coast hills
It’s not just the glitzy beachfront suburbs joining the million-dollar club on the Gold Coast with Hinterland gems proving popular
THE Gold Coast may be famous for its golden beaches but for many the hinterland is the place to call home.
And it appears that there may be “gold in them thar hills”.
Tallebudgera Valley is the latest Gold Coast suburb to join the million-dollar club — that is the list of suburbs with a median price of more than $1 million.
Demand for hinterland properties on the Gold Coast is surging.
Last month it was reported Tallebudgera Valley, Tallebudgera and Currumbin Valley were among the highest demand suburbs among homebuyers.
These suburbs offer home buyers sprawling homes, beautiful scenery and plenty of land to pursue a variety of past-times, whether that be horse riding, motorbikes, bushwalking, hobby farming or simply relaxing. And all of this comes with only a short drive to the beach.
Even travelling further afield to places like Beechmont, Springbrook and Mount Tamborine, the green changers will find properties with plenty of appeal, greater affordability and potential for capital gains. Take Mount Tamborine for example. Tamborine is a beautiful spot that is home to more than 7000 people.
Its chief industry is tourism and a lot of residents move there because it is quieter than the Gold Coast, cheaper than the Gold Coast and the temperatures are cooler.
However, it doesn’t mean property demand is any cooler.
In 2011 the median price for a four- bedroom house on Mount Tamborine was $413,000.
By the end of 2017 it had risen to $530,000.
1227 Tallebudgera Creek Rd, Tallebudgera Valley is currently on the market.