Blog Information

• Posted By : Scott Wade
• Posted On : Jun 18, 2025
• Views : 29
• Category : General
• Description : Bundaberg, a charming coastal city in Queensland, continues to attract families, retirees, and investors due to its affordability and lifestyle appeal.

Overview

• Bundaberg, a charming coastal city in Queensland, continues to attract families, retirees, and investors due to its affordability and lifestyle appeal. As of mid-2025, Bundaberg housing costs remain competitive when compared to other regional centers in Queensland. Whether you're buying your first home, investing in rental properties, or considering relocating for a sea change, understanding the current property market is crucial. In this article, we’ll explore the average housing costs in Bundaberg right now and what buyers and renters can expect when entering the local market. Real estate expert Scott Wade provides insights based on local trends and firsthand market experience.
  
  

  Current Median House Prices in Bundaberg 

  The Bundaberg housing costs have seen modest growth over the past year. According to recent property data, the median house price in Bundaberg sits around $445,000 as of June 2025. This figure represents a slight increase from last year, where prices hovered around $420,000. Compared to coastal cities like the Sunshine Coast or Brisbane, Bundaberg still offers significant value for money.
  
  

  

  
  Suburbs such as Avenell Heights, Kepnock, Norville, and Millbank remain popular for families due to their affordability and proximity to schools and shops. These areas feature homes priced between $390,000 and $470,000, depending on size, location, and condition. Beachside suburbs like Bargara and Innes Park, while more expensive, continue to attract buyers seeking ocean views and lifestyle living, with homes averaging $600,000 to $750,000.
  
  

  Scott Wade, a leading real estate agent in the region, notes, “We’re seeing consistent interest from both local upgraders and interstate buyers looking for more affordable coastal property options. Bundaberg housing costs still offer excellent entry points into the Queensland market.”
  
  

  Unit Prices and Affordability for First-Time Buyers

  For first-time buyers or downsizers, units and townhouses present a more affordable alternative. The median unit price in Bundaberg is currently around $320,000, making it a popular choice for singles, retirees, and small families.
  
  

  Suburbs like Bundaberg South and Walkervale offer a variety of units and villas priced below $350,000. These properties are not only affordable but also low-maintenance, making them appealing to buyers who prefer a more manageable home setup.
  
  

  Scott Wade says, “The unit market in Bundaberg is picking up momentum as buyers search for affordable housing amid rising interest rates. A lot of young professionals and retirees are finding units ideal for their lifestyles.”
  
  

  Rental Market Trends in Bundaberg

  Rental demand remains strong in Bundaberg due to a growing population and tight housing supply. As of mid-2025, the average weekly rent for a house in Bundaberg is around $460, while units average around $380 per week.
  
  

  While rental prices have risen slightly compared to last year, they are still considered reasonable compared to Queensland’s more urban areas. High rental yields continue to attract property investors looking to generate passive income.
  
  

  In high-demand suburbs like Bundaberg East, Kalkie, and Bargara, rental prices tend to be higher, driven by proximity to schools, beaches, and major services. Scott Wade advises investors, “There’s solid rental return potential in Bundaberg, especially for well-located family homes or renovated units. Many renters are professionals or healthcare workers moving into the region.”
  
  

  

  
  What’s Driving the Bundaberg Property Market?

  Several factors contribute to the relatively stable and affordable Bundaberg housing costs:
  
  

  • Population Growth – More people are moving from Brisbane and other major cities in search of a relaxed lifestyle and cheaper housing.
  • Infrastructure Investment – Projects like the Bundaberg hospital redevelopment and improved road links have increased the region’s attractiveness.
  • Lifestyle Appeal – The area offers beaches, parks, and a warm climate, making it a magnet for retirees and families.
  • Work Opportunities – The agriculture, healthcare, and tourism sectors continue to provide jobs, supporting demand for housing.
  
  

  Scott Wade emphasizes that Bundaberg is no longer just a retirement destination. “We’re seeing younger buyers entering the market, often working remotely or in trades, who recognize the long-term value of buying property here.”
  
  

  Market Outlook for 2025 and Beyond

  Despite national concerns about rising interest rates and inflation, Bundaberg housing costs are expected to remain stable with moderate growth. The city’s affordability compared to major centres is a key reason it continues to draw in buyers and renters.
  
  

  Real estate agents like Scott Wade believe the market will see ongoing, steady demand. “We don’t anticipate a sharp decline in prices. Bundaberg’s market is balanced. While prices have risen, they remain within reach for most families. That’s rare in today’s property market,” he explains.
  
  

  Tips for Buyers and Investors in Bundaberg

  If you're considering buying or investing in Bundaberg, here are some expert tips from Scott Wade:
  
  

  • Research suburbs – Each suburb has different price points and amenities. Bargara is ideal for lifestyle buyers, while Norville and Svensson Heights are great for families.
  • Secure finance early – With increasing buyer competition, having pre-approved finance helps secure property faster.
  • Consider future growth – Look for areas close to schools, hospitals, or shopping centres, which tend to appreciate faster.
  • Work with local agents – Agents like Scott Wade understand the nuances of the Bundaberg market and can help buyers find the right deal.
  
  

  Conclusion

  The Bundaberg housing costs remain some of the most attractive in Queensland. Whether you're buying a family home, investing in rental property, or seeking a peaceful lifestyle by the coast, Bundaberg offers value and opportunity. Thanks to steady growth, strong rental returns, and lifestyle appeal, the region continues to thrive as a property hotspot.
  
  

  If you’re considering a move or investment, Scott Wade is the trusted name in Bundaberg real estate. With local insight and a commitment to helping buyers find the right fit, Scott ensures you get the most out of your property journey in this vibrant region.