Talent attraction
Work opportunities
Bundaberg is already seeing improved economic outcomes achieved in the region, with unemployment falling from 9.6 per cent mid last year to sit around 7 per cent today leading to increased work opportunities in the region.
Driving growth over the next few years will not only be demand for jobs in the leading industry of employment in the reigon; tourism, education and training, health and aged care and property and construction but also the significant public and private investment which will fuel the demand for high-level skilled positions in the region.
Some of the projects which will drive future employment opportunities include:
- New Bundaberg Hospital
- $156 million Bundaberg Brewed Drinks facility
- $12 million macadamia processing facility at Macadamias Australia
- $70 million new Gateway Marina Development
- $3 million recently installed pasteurisation equipment and cracking room upgrade at Pacific Gold Macadamias.
Additionally a recent article in the Courier Mail entitled “Bundaberg jobs: 60 positions offering $100k or more” detailed the recent emergence of highly skilled professional positions on offer in the Bundaberg region.
The development of medical technology, ag tech, food tech and other advanced manufacturing in the region has led to the creation of new highly skilled professional service employees working in the region.
The Bundaberg Region can offer a taste of paradise without a hit to the career wallet — a winning property combination that many other regional coastal locations find hard to achieve.
Our region
Second fastest Regional Queensland Employment Growth
- Bundaberg recorded the second fastest regional employment growth at 11.4% in Qld from 2011 to 2016.
- This compares to the national average of 6%.
ABS Census 2011 and 2016.
Most affordable QLD Coastal City
- Based on median household income and median house price it would take five years to purchase a house in Bundaberg.
- This compares to 8 years in Brisbane and 10 years in Sydney.
Source: REIQ Market Monitor and Core Logic data, 2019
Stress free commute to work
- Bundaberg residents enjoy a stress-free commute spending only on average 15 minutes travel to work. This compares to 67 minutes in Brisbane and 71 minutes in Sydney.
Economic growth
+ investment
- Bundaberg’s gross regional product was $4.1B as at June 2018. This was a 3.1% increase over the last year.
- Bundaberg has a project capital pipeline of $3.2billion over the next to 2023.
Source: Profile ID & Cordell Construction Database, 2019.
Property Mogul’s dream
- Bundaberg region residential gross rental yield currently sits at 5.7%.
- This is above the average in Brisbane 3.3% and Sydney 3.4%.
Source: REIQ Market Monitor, June 2019.
Innovation Led Region
- Bundaberg has most recently seen growth in food and beverage technology.
- Planned for the region is an agricultural centre of excellence.
Food Bowl Capital of the Nation
- 70% of Australia's sweet potato production
- 50% of Australia's macadamia production
- Largest passionfruit growing region in Australia
- Home to the largest chili company in Australia
- Unique year round production for most agricultural produce
Source: Bundaberg Fruit and Vegetable Growers Association, 2019.
Population projections
- Bundaberg’s population is expected to increase 42% too reach 135,000 by 2041.
Source: ABS, June 2017 base.
Climate
Fifth most equable climate in the world
Water Security
Soil
Bundaberg has 80 soil types with 63,000 ha suitable for sugarcane. 25,000 ha for macadamias 56,100 ha for cucurbits, 56,100 ha for vegetables and 28,000 ha for nuts.
Outside Australia's Disaster Zone
Most northern port outside Australia's natural disaster zone.
Southern Edge of Great Barrier Reef
90km to Lady Elliot and 107km to Lady Musgrave island
Major Economic Insfrastructure
Port, regional airport, hospital, and university
Affordability
Median house price at $290k are more than half the average of greater Brisbane.
Diverse Industry Base
While agriculture, forestry and fishing are the main industries in the region, all other industries are well represented in the region's economy.
