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Yes. I just finished a new house in Bargara last month. Close to the water. The house was tenanted within 5 days of it being finished. Yes it is cheap for a coastal area. And there are no coastal land releases left. I visit this area about 6 times a year, as I have family living up...

Latest news on Bundy Airport upgrade http://www.abc.net.au/news/stories/2008/08/06/2325564.htm

http://www.bundaberg.org/business/statistics/