Property to boom in Bundaberg
PROPERTY in Bundaberg is set to boom in 2010, according to Herriots Certified Practising Valuers.
Independent property valuer and real estate consumer advocate Iain Herriot said the combination of major industries, such as sugar cane, and being so close to the Great Barrier Reef made the region attractive for buyers.
“Small crops such as tomatoes, cucumbers and melons are also predominant in this area and it is fast becoming Queensland’s food bowl. South-East Queensland is becoming more populated every day; it is therefore logical this area is where the overflow will go,” he said.
Mr Herriot, a partner at the Herriots Certified Practising Valuers’ Brisbane office, warned people to do their research before buying property. “The GFC isn’t over yet,” he said.