Bundaberg residential market remains flat: HTW residential

Bundaberg residential market remains flat: HTW residential
Staff reporterNovember 25, 2019

The Bundaberg residential market has remained typically flat throughout 2019, according to the latest Herron Todd White (HTW) residential report. 

However, there seems to have been a lot of interest in the residential market with agents searching for more stock as they have exhausted most stock on hand.

This renewed enthusiasm comes after what was seen as a federal election win that appears to assist investors.

The biggest value residential sale in the region was a house at Bargara on the waterfront known as the Glass House.

Located at 51 Woongarra Scenic Drive, Bargara (pictured below), it sold to a local farming and banking identity for $4.12 million setting a new record for the area.

The house is an architectural masterpiece in a premium oceanfront location.

Placing an emphasis on beachside living, the Glass House is a multi-award winning architectural masterpiece of sophisticated style in a dream location.

It has five bedrooms, five bathrooms and parking for two vehicles.

The dwelling sits on a beach front property of 2,239 square metres fronting the sandy beach.

Bargara continues to be a sought-after location at the current time.

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