This 48 ha site was zoned Rural Residential (2 ha minimum) and is now considered for Park Residential (4,000 m² minimum).  The site comprises 18 existing Rural Residential lots serviced with a bitumen road, town water, power and telephone.

It is located in a very popular area 10 km from the Yeppoon CBD and serviced by a new by-pass road, giving easy access to Rockhampton.

Most lots are cleared and grassed and have sweeping rural views of Adelaide Park Valley and the coastal hills. 

54 of the lots should sell for $250,000 and the remaining 4 existing lots, which exceed 2 ha each, should bring in a higher price, with TOWN WATER being a feature not available elsewhere.

85% of homes in Bungundarra are owner occupied and the current median home price is $440,000.

House prices in the area rose sharply in 2005 (13%), 2006 (25.9%) and 2007 (42.5%) and declined slightly in 2008.

Bungundarra's rural lifestyle and close proximity to the coast and major commercial centres makes it one of the most sought after development areas in Queensland.

If you are looking for projects likely to return in excess of 45% then this site is for you.  For complete details, including the proposed lot layout, construction costing and engineering reports please click here

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