Advancetown Real Estate Snapshot

Advancetown is an area situated between Gilston and Lower Beechmont in the Gold Coast Hinterland. The properties in Advancetown range from one acre to sixty-five hectares in size. Advancetown is home to over 5,000 hectares of land owned by the Queensland Bulk Water Supply Authority who are responsible for the Hinze Dam which supplies Gold Coast residents with water. The terrain surrounding the dam is mountainous and picturesque.

Lifestyle

The nearest shopping centre to Advancetown is Nerang. The Advancetown Hotel is popular with local residents and features Yowie’s Restaurant. The main road through Advancetown is the Nerang-Murwillimbah Road, which heads south to New South Wales.

Real Estate Statistics

According to the latest census, Advancetown’s population is 363, and consists of mostly couples with children (48%) and couples without children (43%). 74% of the dwellings in Advancetown are houses. There are 136 properties in Advancetown. The median sale price of properties in Advancetown in 2010 was $740,000, however there were only three recorded sales in Advancetown in 2010. The highest price paid for a private property in Advancetown was recorded in November 2003 and was $1,450,000. The Nerang RSL paid $2,350,000 for a 7 hectare property in 2005. The Post Code for Advancetown is 4211. Advancetown is approximately 85 metres above sea level at the Hinze Dam.