Canungra: An Overview of the Australian Gold Coast Town

Canungra: An Overview of the Australian Gold Coast Town

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Canungra: An Overview of the Australian Gold Coast Town

Australia has always been a fascination since man began exploring the possibilities of having other civilizations other than the ones that were known in the middle ages. James Cook and the navigator, Tasman were some of the earlier visitors of the South Pacific Seas that were amazed by the pristine beauty of Australia's shores.
In present day Australia, there still exist places of beauty that cause visitors to wonder in amazement. Canungra is one such place. It is located a few miles south and east of Brisbane on the East Coast of Australia and 22 miles west of Surfer's Paradise.
The origin of its name comes from the Aboriginal name for small owls 'Caningera' owing to the small owl population that existed before the town was settled. It's first inhabitants were sawmillers and cedargetters who came to exploit the nearby forests.
The town is currently opening up as a business hub due to the all-year-round traffic of visitors to the outlying parks. Servicing the Larnington National Park, Canungra also serves as the stopover for tourists visiting the mountain resorts of Binna Burra and O'Reilly's. Larnington National Park is a World Listed Heritage site making Canungra real estate is a hot spot for investors wishing to come into the Gold Coast real estate market.
Owing to the its tourist attraction, Canunga brings to fore a wide array of opportunities for developers who may want to cash in on the hotel and catering needs of visitors.
Business in Canungra may also be boosted by the fact that the Beaudesert-Nerang road passes right through it as well as the road to the Larnington National Park. It has a calm, upcountry feel to it while still remaining an international attraction.
It currently has a small population of 1,171 and had 526 properties as of 2010. The median price is around $371,500 per property.
Future prospects for more visitors remain high with more birdwatchers, paragliders and walkers expected.

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Created: Oct 18 2011 at 07:46:54 AM
Updated: Oct 18 2011 at 07:46:54 AM
Category: Real Estate
Language: English

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