Canungra is nestled in the middle of the three major tourist destination, and is the gateway to the Gold Coast hinterland. Mount Tamborine, Lamington National Park, O’Reilly’s Guesthouse and Binna Burra. The township is also a meeting place for motor bike club rides, hanggliders, paragliders, birdwatchers and bushwalkers who visit the area annually to take advantage of what the Canungra Valley has to offer. A rodeo is organised each year in June.
One of the origin of the town’s name comes from the Aboriginal word for small owls, “Caningera”. The most notable owl found in the area is the southern boobook owl, which appears in various logos and symbols associated with it. In 2005, the local Post Office released a special limited-release frank featuring Canungra and the boobook owl. However the word comes from the Yugambeh word gungunga meaning “a long flat or clearing”.