Wide Bay Burnett

The Wide Bay Burnett region is growing, with an additional 67,200 people expected to be living in the region by 2041, requiring 341,000 new dwellings to be built and more than 24,000 new jobs.

A new regional plan is being prepared to boost economic opportunities and create jobs for the Wide Bay Burnett region. 

 

Wide Bay/ Burnett New Regional Town Plan
Strengthening Wide Bay Burnett growth
Hervey Bay Market Update
Invest in Bundaberg Report

STRATEGIC AND GROWTH PLANNING

The new plan will have a tailored economic strategy which aligns land use, infrastructure and industry development to help support the expected growth in this region.

The economic strategy will identify priorities that build upon the region’s competitive advantages in aviation, advanced manufacturing and aquaculture and tourism, while also addressing any possible barriers to economic growth.

“It’s an exciting time as we work together to deliver a regional plan that captures all the ingredients – an economic strategy incorporating industry development and land use requirements, as well as infrastructure requirements – that allow the economy, industry and communities to prosper.” 

DEMOGRAPHICS

LOCATION: Distance from Brisbane – 170km to 400+km

AREAS: – main areas for property growth (this is not all areas of the WideBay Burnett location!)

  • Bundaberg Region Council
  • Fraser Coast Regional Council – Hervey Bay
  • Gympie regional Council

POPULATION and additional demographics:

  • Including all areas – ABS estimated population 2020 = 302,105 persons
  • Forecast to grow to 430,000 persons by 2031
  • Australian citizens 87.9%
  • Private dwellings 88.2%
  • Average household size 2.35 persons

HERVEY BAY

A coastal city, widely known for its tourism attractions, but also it is a hub of activity in residential housing, commercial and business opportunities. For tourism and lifestyle attractions Hervey Bay is 2nd to none – with kms of beautiful easily assessable beachfront and safe, calm warm waters for swimming and water activities. Add to this the amazing network of pathways and bikeways along the Beachfront Esplanade. Located just 3.5 hours drive north from Brisbane City, it is noted as the 10th most popular place in Queensland to reside. Population is approx. 102,000. Its residents are well supported with all the modern 20th century needs, medical, education, business and commerce , as well as recreation and lifestyle. This essential infrastructure is already in place making it a top pick for property investment.
Numerous new estates have been developed over the past 2-3 years with a very fast rate of sale and we have observed the strength of the market and also the increase in pricing of both land and building.

GYMPIE

Located within 45 mins drive from the main centre of the Sunshine Coast, Gympie creates its own momentum. It has its own resilience and this is shown in the stability of the property market in all sectors.

Gympie land is very popular as it is still affordable – Sunshine Coast land prices have exceeded what the normal middle class, and family person can sustain!
Many estates have been developed and still continue in this vibrant town with price increases being constant. This is the underlying factor for confidence in this marketplace = affordability and infrastructure and lifestyle still maintained.

Gympie is a solid area which is self supporting and that attracts investors. It is definitely the right place to be to get a good start in real Estate.
The Gympie Region was in the top 20 Top Largest Growing local Govt areas in Qld over the past 5 years.

Amenities and Services/ Conveniences: there are 4 large shopping complexes – Goldfield Plaza – Coles retail complex / Drakes Supermarket and Mary Street Central Business District/ Gympie Central – Woolworths + Aldi nearby retails complexes / Southside – Woolworths retail complex

Gympie offers you everything that your need to live an enjoyable and affordable life – travel just ½ hour to Tin Can Bay and Rainbow Beach waterways

  • Excellent options in Child Care and Schooling with 3 Private Colleges, two Public Secondary Collages, plus too many public state schools to even mention!
  • Sports and recreation facilities – they are everywhere!
  • Connectivity: connected to the M1 both North and South, this highway is being currently upgraded with multiple lanes.

Business and Commerce:

Two of the largest are Nolan’s Meat Exporters and Nestle Coffee – but Gympie boasts other large manufacturing works eg Cart Holt Harvey and Laminex – there are two many to list here, but the town abounds with business and commercial activity.

Buyers and renters are desperate at the moment to get into the market – because of Gympie’s relative affordability as well as its proximity to Brisbane and the Sunshine Coast.

BUNDABERG

Serving the largest residential population outside of SE Qld, Bundaberg’s economy is growing faster than State and National averages. Building off a diversified economic base of health, education, manufacturing and agriculture, the region is now looking for new investment into ag-tech, advanced food, bioproducts and defence along with other sectors.

Bundaberg has untapped potential locked away in its natural resources, it agricultural lands, its booming tourism industry, along with the potential of the port and airport infrastructure. With over $4.2 Billion in Capital projects under planning or construction Bundaberg’s spirit of innovation will ensure your investment is this area will be successful and secure.

Industry categories: Sugar industry (distilling and food production)/ Engineering and metal manufacturing/ Small crops, Forestry and Livestock/ Food Beveridge and hospitality / medical and health/ education/ Construction/ tourism/ retail and commerce

Bundaberg’s economy is growing faster than State and national averages.

  • Median age: 45 years – mainly families
  • Population: ABS 2020 96,364