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Bundaberg Market App

Bundaberg

QLD
4670


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DISCOVER OUR METHODS

HOW DO WE SELECT OUR MARKETS?


Targeting locations which will grow in value by understanding what these push and pull factors are, when they will occur and how long they are due to last is what allows us to make assumptions for strong market growth.

Our methodology aligns with a number of different driving factors. Some of these include government funding, economic uplifting projects, infrastructure introduction, flanking market affects and more. However, the underlying factors comes down to a couple of basic principals, supply and demand from population movement and demographic demand.

In proud partnership with Australia’s top property economists. We formulate specific data reports based on our client’s requirements and the markets we shop in. Our partners have been awarded the Innovation Patent Housing Market Prediction Solution, which predicts housing price changes at suburb level up to ten years into the future.

The target LGA

BUNDABERG

Region Overview

The Bundaberg Region is a local government area in the Wide Bay–Burnett region of Queensland, Australia, about 360 kilometres (220 mi) north of Brisbane, the state capital. It is centred on the city of Bundaberg, and also contains a significant rural area surrounding the city.

Residents and visitors to the Bundaberg region have easy access to a wide variety of services and vital infrastructure. These include three major hospitals, public schools and colleges, and major campuses of CQUniversity and Institute of Technical and Further Education (TAFE).

The city, serving a population of 100,000 people, is a vital regional business hub for Queensland, boasting excellent shopping, sporting, cultural and tourism facilities and has become a popular venue for the staging of conferences and major events.

Just four hours’ drive or 45 minutes by plane from the bustling metropolis of Brisbane, Bundaberg offers the winning combination of affordable living and investment opportunity across a diverse range of industry sectors.

The city has an active business and professional community, who share their expertise and insight into building a strong and sustainable regional economy.


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The target SUBURB

BUNDABERG NORTH 4670

Investment Opportunities

Bundaberg is building to become a leader in ag-tech, eco-tourism, bioenergy and defence supply. The region also leverages its agricultural base to manufacture many advanced food and beverage products.

Lets look at the numbers

Bundaberg Council

This includes news and information from Council and regarding Council services.

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2020 Development Figures

Snapshot of 2020 development in the Bundaberg Region

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The Hinkler Regional Deal

Regional Deals are a part of the Australian
Government’s new place-based approach to
regional development.

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Market Performance Over 1 Year


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19.4% median market growth in 1 year

The markets movement over the past year, paired with supportive driving data shows us there is good growth to come. 

The current rental yield in the market is 7.22%

As we are looking for a positively geared property, yielding will need to be considered. We can expect this to rise due to the supporting data.

-3.43% vendor discounting shows us an understanding of the market’s performance

As properties begin to grow in value, vendors are realising the interest in the market and discounting less and negotiations begin to tighten up.

Days on market have reduced since October 2020 by -51.4% to 51 days.

A reduction in days on markets indicates that pent up demand is causing property in the areas to sell at vendors expectations, which empowers the local property economy.

The number of new listings has increased by 37.5% in the last year

The increase of new listings coming onto onto the market shows that vendors are wanting a piece of the action and are willing to gauge the market.

Stock on market has increased by 23.3% over the last year

As vendors begin to realise the markets potential, savvy owners are putting their properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.

Economically influencing projects

Building Bundaberg Region Package

Bundaberg Regional Council has unveiled a multi-million-dollar suite of measures to support construction, jobs and economic development.

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New Bundaberg Hospital

Status: Detailed business case

Lead: Queensland Health

Value: $500 million – $1.5 billion

Jobs: 800 – 1000 new specialist

Completion: 2026/27

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International Airfreight Expansion

Status: Business case investigation

Lead: Bundaberg Regional Council

Value: $70- $80 million

Completion: unknown

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Bundaberg Civic and Cultural Precinct

Status: Coming soon

Lead: Bundaberg Regional Council

Completion: Twenty year vision

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Ag Tech Precinct

Status: Funded by Australian government

Lead: CQUniversity

Value: $5 million

Completion: 2021

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Bundaberg Aviation Precinct

Status: Under development

Lead: Bundaberg Regional Council

Completion: 2025

Average lot size: 3,000 sqm

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Bundaberg Aeromedical Hub

Status: Approved

Lead: BRoyal Flying Doctors Service and Life Flight

Value: $6 million

Completion: 1st quarter 2020

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StartUp OnRamp Program

Status: Current program

Lead: Generator Bundaberg

Completion: thegenerator.org.au

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100 Gig Bundaberg

Status: Funding application

Lead: Bundaberg Regional Council

Completion: Ongoing

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Port of Bundaberg Expansion

Status: Advocacy

Lead: Bundaberg Regional Council

Jobs: Up to 24,000 direct and indirect jobs by 2035

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Bundaberg Brewed Drinks, Super Brewery

Status: Construction to commence in 2020

Lead: Bundaberg Brewed drinks

Value: TBC

Completion: 2022/23

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Regional Aquatic Centre

Status: Funding application

Lead: Bundaberg Regional Council

Completion: 2-3 years

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Port of Bundaberg Expansion

Status: Completed preliminary business case

Lead: Bundaberg Regional Council

Value: $66million

Completion: 2025

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Aeromedical Flight Simulator

Status: Funding from Federal Government committed under the Hinkler Regional Deal

Lead: RFDS/ Federal Government

Value: $15 million

Completion: Ongoing

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Reducing Urban Glow

Status: Underway

Lead: Bundaberg Regional Council

Completion: Ongoing

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Gateway Marina, Burnett Heads

Status: Under Construction

Lead: BH Development

Value: $70 million

Completion: Stage 1A December 2019

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Challenger Learning Centre

Status: Funding application

Lead: Bundaberg Regional Council and NASA

Value: $7 million

Completion: 2-3 years

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Mon Repos Turtle Centre

Status: Funded by State Government / Completed

Lead: Bundaberg Regional Council

Value: $22 million plus

Completion: 2019

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Why do we suggest this market?

Please make sure to go though all the details and get back to us as soon as possible

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Property Portfolio Growth Partners

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