Photography by Alicia Harvey - Real Property Photography - Rockhampton/Yeppoon
Who needs a road when you have a beach? Bangalee is a small beach side community consisting of three streets just north of Yeppoon. Locals enjoy (what is arguably) the best beach on the Capricorn Coast, ideal for surfing, fishing and a Sunday drive.
To the north of Bangalee is the Capricorn Resort. The local legend says that in the very early 70’s, Japanese business man Iwasaki Sangyo, flew over the whole east coast of Australia looking for the perfect location to build a $10 million international tourist resort. Iwasaki fell in love with Farnborough beach and was convinced that it was the best beach, he had seen a perfect location for his resort and purchased
6480 hectares of coast land, including four kilometres of beach front. Construction started in June 1979 and was completed in 1988. Upon approval of the resort’s construction in the 70’s, a tourism and real estate boom swept over the Capricorn. In 2016, the resort unfortunately closed, however plans to redevelop and open are in discussions.
Bangalee is made up of 71% owner occupied properties and 29% rental properties
Median sale price is $621,000
Population of 186.
5-year population change -0.5%
(Source RP Data as of September 2022)