07/04/2021
City Green Estate:
Bundaberg's most exciting new development.
Well here is our next region, and I am pumped about it. If you have a minute read below and I'm sure you will see Bundaberg has such huge growth potential.
The packages below are the first of what we have coming. They are large registered lots, walking distance to the CBD. We will have more options down at the beach along with duals and duplex's. Watch this space!!
Most people have heard of Bundaberg, and they usually relate it to its popular drinks or sugar cane farms, but very few people understand the real story behind 'Bundy', its strategic importance for Queensland and Australia, and how much is going on there right now.
Bundaberg's prime location makes it an essential base for our country's future import and export economy. Uniquely positioned North of Brisbane in Queensland, the Bundaberg region is one of Australia’s fastest growing regional cities. Rapid jobs growth and huge infrastructure investment over the next five years will see the region’s already booming economy surge into national significance. Over this period, the region’s agricultural, health, education and tourism industries will see unprecedented investment.
Bundaberg's diverse economy is also positioning for growth in its next wave of successful industries including ag-tech, bioproducts, advanced food & beverage manufacturing and defence supply. It really is Australia's regional city of the future.
Bundaberg's biggest secret, and biggest asset, is it' Port. It is the most northerly port in Australia that is below The Great Barrier Reef Marine Park. It offers safe waters unlike the cyclone prone regions in northern Australia.
Sea freight is expected to experience exponential growth in coming years and the port of Brisbane is already nearing capacity. Bundaberg was given State Development Area (SDA) status in February 2017 due to the significance of it's port to Queensland and Australian economies. Both state and federal governments would prefer to invest in the expansion of Bundaberg than direct more freight in and out of Brisbane. Click here for further details.
The city is the commercial and service centre for the Wide Bay- Burnett region, which is QLD's most populous region outside of South-East Queensland. This region has ideal climate, plentiful water supply and enviable rich soils. So is home to some of Australia's best agricultural land. The massive expanse of green fields are clear to see when flying in and out of Bundy.
Australia has been referred to as the food bowl of Asia, and the Port of Bundaberg will be i's gateway. Its estimated over 20,000 new jobs will be created at the port and its surrounding commercial and industrial business parks.
If that is not enough to get you excited, there is more. Much, much more!!
Infrastructure
Nothing gives local property prices a bigger boost than a new hospital. The new hospital to be built in Bundaberg is estimated to cost up to $1.5 Billion dollars. That is a crazy big hospital, and it is required to service this massive and rapidly expanding region.
Then there is The Gateway Marina at Burnett Heads which is a $70 Million dollars mixed-use marina village development located on the shore of Burnett Heads Boat Harbour. The project will offer 318 marina berths and a waterfront residential community along with boutique retail, restaurants and open space.
International air freight expansion is needed and council is investigating the feasibility of upgrading the Bundaberg Regional Airport to international air freight designation. With technical and costing investigations complete, the business case is now being examined to determine options to fund the airfreight expansion project.
Projects
Added to those massive projects are the Bundaberg Aviation Precinct project along with the Bundaberg Aeronautical Hub, the new Civic and Cultural Arts Precinct, the $156 Million dollar Bundaberg Brewed Drinks expansion, an AgTec precinct, the CBD leisure and water play precinct and regional aquatic centre projects and The Challenger Learning Centre. To learn on all of these projects please see the following links - click here & click here.
We haven't even mentioned tourism and construction. Are you starting to get the picture? That is $4.2 Billion dollars for a city of 100,000 people. That is massive!!!
Affordability
Then let's have a look at affordability. The median house price in Bundy is around $300,000. You can live by the beach for $335,000. Do you think that will look attractive to the millions of Australian's looking for a sea change?
Someone from Sydney could sell an average home for over $1M, buy a beautiful home by the beach and pocket well over $500,000. That opens up so many lifestyle opportunities that would have seem impossible only a year ago. Relocators could buy that boat or caravan, retire, or start that business they have been dreaming of all these years.
