Smart Property Investment Fast 50 ranking for 2024 named Beaudesert & Gleneagle as one of the top suburbs in Queensland.
There is a hidden gem in South-East Queensland that appeals to nature lovers who need a regular fix of the city.
A quiet community surrounded by the scenic rim of Queensland, Beaudesert combines quiet living with easy access to Brisbane and the Gold Coast.
Earlier this month, the highly coveted Smart Property Investment Fast 50 ranking for 2024 named Beaudesert as one of the top suburbs in Queensland.
It aims to provide unparalleled insight into the Australian suburbs that are set for future growth, based on the insights of an expert panel of 14 and open-source data.
For those seeking a rural lifestyle but wary of being cut off from the big city, Beaudesert has long been a well-kept secret in Queensland’s hinterland.
It is located 70km from Brisbane’s central business district and just under 60km from Surfers Paradise. The town is surrounded by some of the best hiking, camping and rock climbing spots in the region, as well as the pastoral calm fostered by the local farming community.
CoreLogic data shows Beaudesert is well below the median house price of both neighbouring metropolises, yet within easy reach of them both.
There is an average home price of $500,000. The median house price in Greater Brisbane as of April 2023 was $781,881, while the median home on the Gold Coast is $945,000.
Over the past year, properties in the hinterland area have performed well, and consistently in general. The median quarterly growth rate in Beaudesert is 4.20 percent, while its average annual growth rate is 4.9 percent. There has been a 20.70 percent increase in the town’s value over the past year. On average, investors can expect yields of approximately 4.3 percent from rents that hover around $410 per week.
Just over 6,400 people live in the town, and population growth is modest but steady. Recently, two new well-planned residential areas have been established in the town – Brayford Estate, east of town, and Tullamore Downs, north of town.
Mountainous terrain forms the southern boundary of the Scenic Rim, which is dominated by the Flinders Peak Group. This area is home to Lamington National Park, Tamborine Mountain, McPherson Range, Main Range National Park, Mount Barney National Park, and landforms including Cunninghams Gap and Fassifern Valley, which are popular hiking and climbing destinations.
A “traditional” climbing method, operating without bolted routes, has become particularly popular at the Mount French peak, part of the Moogerah Peaks National Park.
There’s no wonder the small town has become a hub for creatives with such inspiring surroundings. In addition to art exhibitions and performances by acclaimed bands, singers, and dance groups, Beaudesert’s cultural hub, The Centre, screens recent release films and hosts film screenings.
Recently, it has become a popular choice among adventure lovers looking for a base to enjoy the Scenic Rim’s spectacular scenery.
In the north of Beaudesert, there is a community arts and information center that sells pottery, crafts, and art.
The Beaudesert Historical Museum in Jubilee Park displays local farming artifacts like vehicles, machinery, and tools dating back more than 100 years, as well as Pioneer Cottage, an authentic slab hut built in 1875.
It has two primary schools, two high schools, a range of aged-care facilities, and is a great place for families. Several daily needs can be met along a bustling main street, including medical services, dining, and shopping.