Tamborine property set to boom!

Tamborine Property Market is set to boom!

Mount Tamborine and surrounding areas are set to be Australia’s brightest housing market in the next three years, a report by the industry body said. With Tamborine, Canungra and the Scenic Rim showing strong signs of growth.

David Lown has stated locations in the Scenic Rim and Gold Coast hinterland are dominated by owner-occupiers and are proving very resilient in the face of negative media reports about the property market. Rural residential housing and housing in some village locations such as Canungra and Tamborine Mountain remain in good demand from buyers. Selling periods are relatively short and many properties are still selling at or around asking price. Some of these areas are commuting distance from Brisbane and Gold Coast and buyers get more bang for their buck in these areas compared to their city neighbours as well as offering certain lifestyle features.

David is a local hinterland specialist with Easy Agent.