Tamborine Mountain suburb profile
Tamborine Mountain is a picturesque hinterland suburb in Queensland, renowned for its lush rainforests, stunning views, and vibrant arts community. Situated in the Scenic Rim region, it offers a serene escape from city life while being accessible from both Brisbane and the Gold Coast. The area is famous for its natural attractions, including waterfalls, walking trails, and the Tamborine National Park. Visitors and residents enjoy a thriving local culture with artisan markets, boutique wineries, and charming cafes. Tamborine Mountain's unique blend of natural beauty and cultural richness makes it a sought-after destination for nature lovers and creatives alike.
Tamborine Mountain property market performance
Tamborine Mountain’s property market has shown varied performance over the past 12 months. House values have increased by 8%, bringing the median house price to $1.05 million, while unit values have remained stable with a median price of $375,000. This indicates a stronger demand for houses compared to units in the area.
Sales activity has been moderate, with 49 houses and 6 units sold over the past 12 months. Houses are selling relatively quickly, with a median of 40 days on the market, whereas units are taking longer, with a median of 59 days, suggesting a slower pace in the unit market.
The rental market in Tamborine Mountain has seen an increase in house rents by 8% over the last 12 months, while unit rents have risen by 2.9%. This reflects a stronger demand for rental houses compared to units in the area.
Median price - houses$1.01MPast 3 months
Median price - units$375KPast 3 months
Change in value - houses7.1%12 months
Change in value - units-26.9%12 months
Houses sold45Past 3 months
Units sold4Past 3 months
Median DOM - houses43Past 12 months
Median DOM - units59Past 12 months
Average rent - houses$740Past 12 months
Average rent - units$415Past 12 months
Change in rent - houses5.7%Past 12 months
Change in rent - units2.9%Past 12 months
Tamborine Mountain demographics
Tamborine Mountain, nestled in the Scenic Rim Region of Queensland, is a picturesque suburb known for its lush landscapes, charming village atmosphere, and vibrant arts community. With a population of 8,105, it offers a serene lifestyle away from the hustle and bustle of city life. The median age of 50 indicates a mature community, with many residents enjoying the tranquility and natural beauty that the area provides. This makes it an attractive destination for retirees and those seeking a peaceful environment.
The suburb's housing market is characterized by a high rate of home ownership, with 45.4% of properties owned outright and 40.2% owned with a mortgage. This reflects a stable community with long-term residents who value the security and investment of home ownership. The rental market is relatively small, with only 14.4% of properties being rented, appealing to those who prefer a more permanent living arrangement.
Family life is a significant aspect of Tamborine Mountain, with couple families with children making up 37.1% of the population and couple families without children accounting for 49.2%. The presence of one-parent families at 13.1% adds to the suburb's diverse family dynamics. The area's natural attractions, including rainforests, waterfalls, and walking trails, provide ample opportunities for outdoor activities, making it an ideal location for families and nature enthusiasts alike.
Tamborine Mountain infrastructure, key developments and investment opportunities
Tamborine Mountain is experiencing several developments that may impact its property market. The completion of upgrades to local schools, including Tamborine Mountain State School, has enhanced education facilities in the area. Additionally, there are ongoing improvements to walking tracks and lookouts in the national parks, aimed at boosting tourism and preserving the natural environment.
The Tamborine Mountain Botanic Gardens are undergoing renovations to improve visitor amenities and expand the gardens' offerings. Local infrastructure projects, such as road improvements and the expansion of Gallery Walk, are enhancing accessibility and attracting more visitors to the area. These developments, combined with Tamborine Mountain's scenic location and proximity to the Gold Coast, continue to support strong demand for properties in this unique hinterland community.
Tamborine Mountain rental market trends
The rental market in Tamborine Mountain has experienced moderate growth, with house rents increasing 8.0% over the past year to $745 per week, while unit rents have seen a smaller rise of 2.9% to $415 per week. This picturesque suburb offers a serene lifestyle, attracting both renters and investors looking for a peaceful retreat with potential for steady returns.
Suburbs near Tamborine Mountain
Some popular suburbs near Tamborine Mountain include: