A stunning “waterfall home”, listed for sale through LJ Hooker Cairns South, is one of many nice Babinda properties.SIX years after the closure of Babinda Mill led to lost jobs and hurt community spirit, hopes are now high for the scenic Far North town.Just a 50-minute drive south of Cairns, Babinda has a median house selling price of just $228,000 – compared to the Cairns average of about $407,000.But Roger Barnett, 72, who moved to the community about 14 months ago to head up the new Babinda Springs water bottling plant, believes the completion of the Bruce Highway upgrades will herald the start of a new era for Babinda.“I watched it happen on the Gold Coast, there was a time when people would not consider living there and driving to Brisbane for work every day,” he said. “But now so many people do it, and the same is going to happen in Cairns, it will eventually be just a 30-minute drive to the city from Babinda.”Next to a major highway, the picturesque mountainside town also features generous block sizes and tourism drawcards like the famous Babinda Boulders. More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days agoMr Barnett, who has lived across Australia during his business career, said he had “fallen in love” with Babinda, adding it was a perfect spot for budding first homeowners and investors.“Within three of four years, regardless of whether there is a property market dip in the capital cities, this place will start to be recognised,” he said. “So many things are coming to pass that will influence the desirability of living at Babinda, which I think is great.”In January this year a two-bedroom Queenslander at 7 Clyde Rd, Babinda, sold for just $100,000.The house was set on a 1012sq m block and, although dubbed a “renovator’s dream”, is an example of the value for money currently on offer.A three-bedroom house on Stanwell St, set on 2652sq m, is currently listed for just $250,000. Real estate agent Cheyenne Morrison, of LJ Hooker Cairns South, described Babinda property prices as “crazy cheap”.“Babinda has all the things the Daintree has, but instead of having to drive for hours and cross the river on a ferry, it is only 45 minutes from Cairns,” he said.