News

Bundaberg swiftly becoming investment 'hot spot'

Remax's Tim McCollum outside the Bargara Rd residential property he recently sold to an investor.
Remax's Tim McCollum outside the Bargara Rd residential property he recently sold to an investor. Mike Knott

BUNDABERG has been named one of the top 17 Queensland suburbs geared for capital growth this year, following the release of a report by Smart Property Investment today.

It comes as good news for property investors, with the rum city also ranking as one of the top 50 suburbs in Australia expected to experience positive growth.

Regional centres dominated the 2013 Fast 50 report, with other areas including Blackwater, Gladstone and Rockhampton also making their way onto the list.

Smart Property Investment editor Phillip Tarrant said the report provided investors with a valuable snapshot of which locations presented the sharpest investment prospects.

"This is a challenging market right now and if you're looking to make a fast buck without doing your research, there's a good chance you'll get your fingers burnt," he said.

Remax Precision Bundaberg owner Scott Mackey said his agency was experiencing enquiries from potential investors from across Australia, New Zealand and even Hong Kong.

"Other people are moving from other mining areas for rental affordability and or purchase price affordability," he said.

Topics:  remax




Bundy is ready for tsunami probability

TSUNAMI: Emergency service personnel run through a disaster scenario.

Bundaberg is ready for a disaster

Home Hardware Bundaberg doing well

No Caption

Bundy Home Hardware going well

Rifle stolen from Childers residence

COURT HOUSE: The Bundaberg Court House.
Photo: Mike Knott/NewsMail

The .22-calibre rifle was taken from a childer's home

Latest deals and offers

Superheroes of the big screen enjoy sounds of Splendour

CHRIS Hemsworth and his Avengers mates drop by Byron festival.

Indigenous artist shows tourists secrets of Aboriginal painting

Ever thought "I could do that" about Aboriginal art?

Dynamic pics from Splendour Day 1

The Strokes perform at Splendour in the Grass 2016. Photo Marc Stapelberg / The Northern Star

Check out the latest pictures from Splendour in the Grass.

Bindi Irwin: 18 magic photos to mark her 18th birthday

Bindi Irwin with a python.

Photos: Bindi Irwin from babyhood to 18

Aussie director makes his mark on new Roots mini-series

Malachi Kirby as Kunta Kinte in a scene from the TV series Roots.

BRUCE Beresford behind final episode of remake of iconic series.

Wham bam, thank you TAM

Regional TAM is increasing its audience measurement services by 50%.

Regional television viewers finally getting the credit we deserve

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

The climb is slow but property on the way up

Michael Matusik, director of Matusik Property Insights.Photo Allan Reinikka / The Morning Bulletin

The improvement would be mild when compared to past cycles