FOR SALE
For Sale: $545,000 incl. GST

George Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1538m2
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Owner Liquidates - Affordable Housing Site | Price Reduction $595,000 Incl. GST to $545,000 Incl. GST

• Land Area: 1,538m²*
• Designated Medium Density Residential Zone
• Opportunity to capitalise on significant undersupply of rental accommodation in the Bundaberg region
• A range of potential options exist including multiple dwellings, community uses, small-scale services, retirement / aged care facilities and short-term accommodation^.
• The site presents extremely well being predominantly level, cleared and in close proximity to all necessary essential water and sewerage infrastructure.
• Approved for Rooming Accommodation with 33 units over 2 levels including manager's studio
• Construction commenced on $1.2B new Bundaberg Hospital
• Positioned in close proximity to the CBD, Hinkler Shopping Centre, Hospitals, TAFE and local schools
For further information, please contact the Ray White Special Projects Qld Marketing Agents
*approximately
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Property Details for George Street, Bundaberg Central

Building Type
Commercial
Land Size
1538m2

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About Bundaberg Central 4670

The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2011 was 225 people. By 2016 the population was 316 showing a population growth of 40.4% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying $1600 - $1800 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation. In 2011, 46% of the homes in Bundaberg Central were owner-occupied compared with 30% in 2016..

Bundaberg Central has 485 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 118.45% increase in median value, while Units have seen a 43.17% increase. As at 31 October 2024:

  • The median value for Houses in Bundaberg Central is $415,914 while the median value for Units is $386,410.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bundaberg central.

Suburb Insights for Bundaberg Central 4670

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Mark Creevey
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Christopher Czernik-Wojcicki
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RW Special Projects Queensland
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.