Bundaberg residential market remains flat: HTW residential

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.