All About Gooburrum, Bundaberg, QLD, 4670

Gooburrum, a suburb located in the Bundaberg region of Queensland, offers a quiet and community-focused lifestyle amid a predominantly rural setting. The housing market in Gooburrum is characterized by its affordability compared to nearby urban centers, making it an attractive option for families and retirees seeking more space and tranquility. Many of the homes in this area are spacious, set on larger blocks of land, which is ideal for those who enjoy gardening or simply desire more outdoor space. Given its proximity to Bundaberg, residents of Gooburrum enjoy the convenience of city amenities while relishing a more relaxed, countryside living. In recent years, the housing market has seen modest growth, reflecting a stable demand as more individuals seek the balance of rural calm and urban accessibility.

Living in Gooburrum provides residents with a wholesome lifestyle, rooted in a close-knit community atmosphere. The suburb is known for its friendly residents and active local groups, which foster a strong sense of belonging and community spirit. Families benefit from access to local schools, including those in nearby Bundaberg, and a selection of parks and recreational areas that make it a great place to raise children. Scenic landscapes and open fields contribute to an outdoor-oriented lifestyle, offering plenty of opportunities for activities like walking, cycling, and enjoying nature. Additionally, Gooburrum's location ensures that residents are never too far from the coast, allowing for quick trips to the beach or coastal towns nearby. Overall, the suburb provides a peaceful, community-driven environment with the advantages of both rural and urban life.

Gooburrum Real Estate Market Outlook

Thinking about buying in Gooburrum? Now could not be a better time, with 774 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $711,000 with prices in this suburb ranging from $153,000 to $4,364,000. Gooburrum is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Gooburrum there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Gooburrum is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Gooburrum changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Gooburrum necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Gooburrum we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Gooburrum a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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