"295 ACRES ON THE COOMERA RIVER IN THE GOLD COAST HINTERLAND D.A. APPROVED FOR TOURIST RESORT"
D.A. Approval for Multiple Luxury five Star Cabins and Home Based Business (Bed and Breakfast) this Amazing 295 Acre Property has it all! From the top of the Range where Eagles Soar to the Beautiful Coomera River with over 600 mtrs of Mountain fresh water where Platypus swim.
Privately located in the Beautiful Valley of "Ferny Glen" Just a short drive from the popular country town of Canungra, which is a huge Tourist Magnet, with an outlook so beautiful and somewhat tranquil, a quant country township with lovely restaurants and only just a comfortable 25-minute drive from the Gold Coast and its magnificent beaches or a 50-minute drive to Brisbane.
The size of Ferny Glen is approximately 12.9 square kilometres. The population of Ferny Glen in 2011 was 311 people. By 2016 the population was 80 showing a population decline of 74.3% in the area during that time. The predominant age group in Ferny Glen is 50-59 years. Households in Ferny Glen are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ferny Glen work in a trades occupation. In 2011, 69.8% of the homes in Ferny Glen were owner-occupied compared with 73.3% in 2016..
Ferny Glen has 42 properties. Over the last 5 years, Houses in Ferny Glen have seen a 112.55% increase in median value, while Units have seen a -0.51% decrease. As at 31 July 2024:
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