26 / 10 / 2023
Written by Resi Ventures
Bloom Hervey Bay – New Release Selling November
The tranquil coastal town of Hervey Bay has been making waves in the real estate market due to its increasing popularity and is being tipped as the next Noosa. With an idyllic location, stunning natural beauty, and a strong economy and lifestyle, it comes as no surprise that Hervey Bay has become a sought-after destination for homebuyers and investors alike. We’ll explore the reasons why Bloom’s Hervey Bay Stages 1 & 2 has already achieved 95% of sales, and delve into the exciting prospects of the next release.
A Stunning Destination
Nestled along the picturesque Queensland coastline, Hervey Bay, just 3 hours from Brisbane, boasts pristine beaches, crystal-clear waters, and a vibrant coastal lifestyle. Renowned for its whale-watching opportunities and proximity to the world-famous Fraser Island, this charming coastal town offers residents an unbeatable blend of natural beauty and modern conveniences.
Success of Stages 1 & 2
The launch of Stages 1 & 2 at Bloom Hervey Bay was met with tremendous enthusiasm from buyers seeking a slice of this coastal paradise. The carefully planned community offers elevated blocks and a diverse range of housing options, where residents can have a big backyard with space for a shed, veggie patch, boat, or caravan.
The overwhelming response from the market resulted in 95% of the first two stages being sold. This success is a testament to the appeal of Hervey Bay as a desirable place to live, retire, or invest. The swift sales also reflect the growing confidence in the region’s potential for capital growth and strong rental yields.
Reasons Behind the Strong Start
Several factors have contributed to the strong sales performance at Bloom. Firstly, the development project has emphasised thoughtful urban planning, incorporating well-designed infrastructure, and green spaces. This comprehensive approach puts the community at the forefront, which has resonated with buyers seeking a fulfilling coastal lifestyle.
Secondly, the idyllic coastal setting and the town’s exceptional natural surroundings have been major drawcards. The prospect of waking up to breathtaking sunrises, enjoying easy access to the beach only minutes away, and experiencing close encounters with humpback whales has captured the imaginations of prospective residents.
Stage 3 Selling November
Buoyed by the strong success of Stages 1 & 2, Bloom’s Bottlebrush Release will launch early November. This new phase presents an exciting opportunity for buyers to secure their dream homesite in one of Australia’s hottest coastal destinations.
This new release will no doubt attract both those who missed out on Stages 1 & 2 and new buyers eager to be part of this like-minded community.
Investment Potential
For investors, Hervey Bay represents an enticing opportunity. The region’s growing popularity, coupled with its strong rental demand, suggests the potential for solid returns on investment. The success of Stages 1 & 2 serves as a promising indicator of the project’s viability and the region’s ability to attract long-term tenants and captivate future buyers.
Bloom’s Stages 1 & 2 construction is due to start mid-November. As the project continues to unfold, it is clear that Hervey Bay is on a trajectory towards becoming one of Queensland’s most thriving and desirable coastal communities. Register for the Banksia Release here
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