Tuesday, May 24, 2005

Bunbury real estate

Bunbury real estate prices have soared 34% over the last 12 months making Bunbury real estate some of the hottest property in Australia.

Massive development and infrastructure projects in the area have placed a huge strain on the Bunbury property market sending prices, that were already rising steadily, skyrocketing.

People wishing to build new homes are often placed in a queue and asked to wait sometimes a year for construction to begin after signing contracts.

Bunbury real estate agents predict the market to continue to perform steadily with no flattening of the market for at l;east a couple of years.