| Water and wilderness |
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| Tuesday, 24 January 2012 | ||
The region’s various water supply dams also provide acres of shoreline for hinterland property owners to enjoy a waterfront location or water view. Baroon Pocket Dam, which can be accessed from both Montville and Maleny, Ewen Maddock Dam between Landsborough and Glenview, Wappa Dam between Yandina and Image Flat, and the Cooloolabin Dam near Yandina all provide waterfront living opportunities.
The Maroochy River and its tributaries have created plenty of fantastic waterfront sites as they meander towards the rivermouth past the towns of Yandina and Bli Bli. Other hinterland estates feature man-made lakes or take advantage of creeks feeding into the main river systems. On the western side of the range, the Obi Obi valley has properties on dozens of picturesque watercourses. However, it’s not just its diversity that makes the hinterland an appealing property proposition; it also offers more real estate for your dollar. Anyone prepared to accept living a greater distance from the beach and the major shopping amenities can get a far bigger allotment for the price they would pay for a 600-square metre block in a prime beachside pocket. A 2.5-acre property with a creek, waterfall and fruit trees on a large acreage can be picked up for around $700,000 or even less on the western side of the highway, and the cost benefits are ongoing. Rural-residential property owners can expect to pay about half the rates of their urban cousins. Price, nevertheless, hinges on the location and size of a property.
Some areas of the hinterland, such as Rosemount, Diddillibah and Chevallum, attract better resale values while others, such as Yandina Creek and North Arm, have larger tracts of land for around the same price, for running cattle or horses. Typical rural-residential estates, with lots ranging from 1.5 to three acres, come with underground power, kerb and channelling, phone connections and lighting. Mobile phone black spots are also disappearing. While urban hinterland areas are connected to the municipal water and sewerage schemes, 90 per cent of other properties come with their own water supply. Fortunately, a 10,000-gallon tank is generally adequate in a high rainfall area such as the Sunshine Coast. Subdivision potential is no longer the great consideration it was in the past. Only a handful of areas are available for sustainable rural-residential subdivision under the town plan and with major decisions now resting with State Government rather than the local government, it is much tougher to cut off a block. This means land is limited and there are only so many zonings for acreage living, making hinterland land a highly valued commodity. Nevertheless, property prices are holding their own.
HINTERLAND NEWSCooroy park upgrade |



