A blog about Lamb Island in Moreton Bay, Queensland – a unique little paradise under forty kilometres as the seagull flies from Brisbane CBD.
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Saturday, April 27, 2013
The paradise property paradox: More is less.
There's a paradox about Lamb Island property values. Because of the fact that relatively few people know about the place, there's not a huge demand for houses, which means that property prices are lower here than they would be elsewhere. In other words, the very thing that makes Lamb Island such a perfect little paradise also makes it a very affordable paradise. For example, the home above is currently on sale for just $375,000, yet anywhere else it would cost a whole lot more.