FOR SALE
Expressions of Interest

67 Scenic Drive
Bilambil Heights NSW 2486

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Land area: 50ha
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EXPRESSIONS OF INTEREST - 50 HECTARE RURAL SUBDIVISION - IMMINENT APPROVAL LATE 2024

A prime piece of development land has entered the market place for sale. Set high and rolling away to some of the best views you will come across in the Tweed Shire with hinterland backdrops, a northerly view to Surfers Paradise and sprawling back down to Coolangatta and Tweed Heads, it has all the markings of a boutique Rural Residential Estate. Recent Rural subdivisions within the area have been overwhelmed with popularity and produced high end retail pricing from the market arena, given the fact of a short supply available.
Craig Parsons from RBR COMMERCIAL is proud to be appointed exclusive agent to market and sell this ideally located and zoned Rural Residential property. Offering approximately 50 hectares of land with a predominant R5 Zoning approximately 85% (Large lot residential) it will be suitable for a medium sized Boutique Rural Subdivision, with full DA APPROVAL EXPECTED LATE 2024.
The property has two access points to the land one part to the lower position of the parcel and the other at the high position of the land. The property borders alongside at several points already developed land with a mix of residential and small rural properties with town water and sewerage infrastructure.
The property is ideally located on Scenic Drive, Bilambil Heights in the north eastern corner of the far north coast of NSW within the Tweed Shire. The property is approximately 7 kilometres from the urban centres of southern Gold Coast, Airport and the expanding Tweed Heads district. The local area of Bilambil Heights has always been of keen interest to the real estate market given its commanding elevation overlooking the Shire and north through the Gold Coast.
EXECUTIVE PROPERTY DETAILS
Address - 67 Scenic Drive, Bilambil Heights
Property Details - Lot 7 on DP 853589
Size - 50 Hectares (approx)
Zoning - R5 Large lot residential (85%*) - Source - Tweed Shire Council
Planning - Tweed Local Environmental Plan 2014
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Property Details for 67 Scenic Dr, Bilambil Heights

Building Type
Land
Land Size
50ha

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About Bilambil Heights 2486

The size of Bilambil Heights is approximately 9.9 square kilometres. It has 4 parks covering nearly 5.1% of total area. The population of Bilambil Heights in 2011 was 3,277 people. By 2016 the population was 3,371 showing a population growth of 2.9% in the area during that time. The predominant age group in Bilambil Heights is 50-59 years. Households in Bilambil Heights are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bilambil Heights work in a professional occupation. In 2011, 76.3% of the homes in Bilambil Heights were owner-occupied compared with 77.2% in 2016.

Bilambil Heights has 1,572 properties. Over the last 5 years, Houses in Bilambil Heights have seen a 83.70% increase in median value, while Units have seen a 74.47% increase. As at 30 November 2024:

  • The median value for Houses in Bilambil Heights is $1,025,706 while the median value for Units is $624,414.
  • Houses have a median rent of $850 while Units have a median rent of $608.
There are currently 25 properties listed for sale, and 6 properties listed for rent in Bilambil heights on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Bilambil heights.

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Craig Parsons
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