135 Nancol Dr, Tallebudgera Valley.
LOCAL beachfront property owners are hunting for weekend holiday homes in the Gold Coast Hinterland where acreage inquiries have surged amid the COVID crisis.
A Tallebudgera Valley estate with panoramic views from Surfers Paradise to Kingscliff has piqued the interest of prospective buyers at Mermaid Beach, Palm Beach and Burleigh Heads.
The coastal view from 135 Nancol Dr, Tallebudgera Valley.
Listed for $1.395 million, the original three-bedroom brick house on 21ha (52 acres) at 135 Nancol Drive is touted as having the best views in Tallebudgera Valley.
Marketing agent Ed Cherry, of Sophie Carter Exclusive Properties-Coolangatta, said the award-winning Gwinganna Lifestyle Retreat was the only comparable view in the area.
“The view is unparalleled on today’s market,” he said.
“You’re also unlikely to find 52 acres within 13 kilometres of Burleigh beach.”
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135 Nancol Dr, Tallebudgera Valley is just over 13km from Burleigh beach.
Mr Cherry said inquiries were being led by locals already living on some of the city’s best beachfront streets, spurred on by interstate competition.
“Locals buyers who’ve got the sand between their toes through the week are looking for a leafy weekender,” he said.
“With so much interstate interest, everyone is becoming more knowledgeable about the value of what we have here in these valleys so close to the coastline.”
Local buyers have taken full advantage of border closures in recent months, swooping on luxury acreage real estate.
In a record sale for Tallebudgera Park Estate last month, a buyer from Miami paid $2.4 million for a five-bedroom house on 8656sqm at 1 Dungogie Drive.
Also in August, a local family looking for a tree change paid $4.6 million for a designer new build at 3 Lagoon Way, Mudgeeraba.
In the hinterland hamlet of Guanaba, one look was all it took for a local family to sign a $3.85 million contract on a luxury estate on 4.32ha, which was listed for $3.5 million.
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