Luxury beachfront properties are a fantastic draw card for people looking for a holiday home or investors hoping to expand into a more exclusive market.
A recent release from the City of Bunbury anticipates a further boost for the region's residential property growth, as new zones for property development are being outlined in the area. If you're interested in purchasing luxury real estate in Bunbury, this could be your opportunity.
City of Bunbury chief executive officer Andrew Brien said a recent jump in the area's property market may offer some insight into the strengthening housing industry, presenting a wonderful opportunity for investment.
"An excellent investment climate is combined with a proactive Council that is committed to meeting the market through the development of mixed-use tourism precincts and supporting commercial and residential development," said Mr Brien in a 22 May statement.
"Beachfront land on the central business district's doorstep is among the best available in Australia with zoning allowing for unrestricted residential, short-stay accommodation and non-residential uses for tourism-based uses."
This could present a great opportunity for prospering investors or those interested in purchasing a home away from home. Speak with a local Bunbury real estate agent today to check out what the local market can offer you.