Why building a home in Bundaberg is a good investment

Known for its beauty, its rum, and its friendly neighbourhoods, Bundaberg is a wonderful city to live in on the coast of Queensland. Whether you’re looking to build a home here for yourself, or constructing an investment property, now is the perfect time to build. Read on for our top reasons to live or lease in Bundaberg, and why building a home here is a good investment.

The best of both worlds

With a population of around 93,000 Bundaberg is a small city with huge appeal. Bigger than smaller towns in the area, but much smaller than a major city, this coastal paradise offers the best of small town living with the perks and convenience of city life. Whether you’re upsizing from a rural town or trying to get away from the hustle and bustle of big city life, Bundaberg is the perfect place for you. 

Bundaberg has all the amenities you need with an abundance of local shops, restaurants, medical facilities and more. Should you feel like a weekend in the big city, Brisbane is a 4-hour drive south, while a short drive west will have you secluded in the Australian outback when you’re looking for some serenity. Building a home in Bundaberg, you couldn’t ask for better neighbours, offering true country charm without the close-knit gossip network you may experience in smaller towns.   

Natural beauty abounds

There’s no shortage of outdoor beauty in Bundaberg, with a range of local locations perfect for both adventuring and relaxing. Home to 140km of beaches, Bundaberg is a true coastal city perfect for strolling, swimming, and 4WD. There are a number of national parks nearby filled with rivers and waterfalls, and it’s only a short drive to Mon Repos National Park where you can watch the largest group of nesting sea turtles on the mainland, complete with nightly tours to watch new turtles hatch.

If outdoor living is on your mind, Bundaberg is the perfect place to build a home. Whether it’s relaxing on the beach or snorkelling in the Great Barrier Reef, you’ll never have to travel far to experience the best of Australia’s natural beauty. For investors, there’s plenty of appeal to rent your house long-term, or open it up for holiday rentals. With a tourism and hospitality industry worth $300 million, there’s a huge market for holiday homes in the area, which will only grow in years to come. Local Bundaberg builders know the best places in the city for living, and the best for renting, so they’ll be able to guide you on the most suitable neighbourhood to build your home. 

A growing city

If you’re on the fence about building, now is the perfect time. Bundaberg is one of Australia’s fastest growing regional cities, with huge growth in local industries such as hospitality and agriculture, and a steadily rising population. Many Australians are moving to Bundaberg for a sea change, whether it be families looking for a change of lifestyle, or retirees settling down by the coast. There’s also been a huge increase recently in investment properties, with younger Australians looking to rent affordable accommodation by the beach. 

No matter what your industry, business is booming in Bundaberg. If you’re looking to set up your own business here, there’s plenty of room for growth, or you could join an established business, with 6,500 local businesses and rising. For investors looking to build in Bundaberg, the city currently has a vacancy rate of under 1%, with the majority of new houses sitting on the market for less than 20 days before being leased – so you should have no problem making a profit off your build as soon as it’s completed. 

Affordable living 

The median house price in Bundaberg is $290,000, approximately half the price of the same sized homes in Brisbane – and here you’ll get a view! With incredibly affordable houses and the perks of coastal living, it’s no wonder so many are choosing to live in Bundaberg over other regional Queensland cities. When it comes to building, land also comes cheaply in the Bundaberg region, with large lots starting at $75,000.

At the moment, there is an abundance of prime land available for purchase and ready for your home to be built on. With a growing population and economy, Bundaberg builders have seen a spike in the construction industry, so you’ll want to make sure you discuss relevant time frames with your builder to ensure they’re ready to build as soon as possible for you. 

Are you looking to build in the Bundaberg region? Contact us today for a hassle-free consultation and discuss how we can bring your dream home to life.