Question 1

Is Bundaberg West a nice place to live?

Accepted Answer

Bundaberg West is an established residential pocket to the west of Bundaberg’s centre, with tree-lined streets and a mix of timber Queenslanders and low-set brick homes on roomy blocks. It sits close to the Burnett River, with easy access to riverside parks, walking paths and recreational grounds, and residents rely on nearby shops, schools and sporting facilities for everyday needs. Regular road and bus connections make trips into the city and out to the coast straightforward.

Home to 2,596 people, with a median age of 39 and a median household income of $966 a week, the suburb attracts families and long-term locals; couple families with and without children account for just under seven in ten families. Renting is the most common tenure, with 64.5% of homes rented. Bundaberg West also contains the region’s medical precinct, including Bundaberg Base Hospital and private hospitals, and a separate new Bundaberg Hospital for the wider region is being delivered. Whether that mix suits you depends on what you need from a regional suburb.

Question 2

Is it expensive to live in Bundaberg West?

Accepted Answer

Against Bundaberg West’s median household income of $966 a week as recorded at the last Census, a house rent of $563 a week would take about 58.3% of a typical local household's weekly income and a unit rent of $400 a week about 41.4%. On these figures both rents take a large share of a typical local household's income at the last Census, with house rents taking the larger share.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Bundaberg West a good place to invest?

Accepted Answer

Over the last 12 months both house and unit values in Bundaberg West climbed strongly: house values rose 19.4% and unit values rose 20.6%. Rental movements were mixed, with house rents increasing strongly, up 16.1%, while unit rents rose a more modest 2.6%.

Put simply, the capital side showed large gains for both property types this year, with units recording the biggest value rise, while the income side favoured houses. Which of those outcomes matters to you will depend on whether your focus is capital growth or rental income and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	19.4%	20.6%
Sold Past 3 months	9	4
Median days on market Past 12 months	21	14
Average rent Past 12 months	$563	$400
Change in rent Past 12 months	16.1%	2.6%

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