Yep, I'm a former Bundy girl! Love that town, it'll always have a big place in my heart
I have lived in a few suburbs down there - Millbank, Avoca, South Bundy, Svensson Heights and Kepnock. Kepnock was my favourite, Avoca's really nice too - good areas for families and houses are pretty cheap all over town. There's not a huge amount of opportunity as far as work goes, lots of seasonal stuff (popular with backpackers for fruit-picking etc) but it's got a nice country-town feel but lots of shopping and entertainment (at least, heaps more pubs than here in Gladstone!).
I also really love the beach - Moore Park is heading out the other side of town, a little bit of a drive but my friend's parents had a gorgeous rambling Queenslander out that way and we loved hanging out there on weekends. Bargara is beautiful, Elliott Heads and Burnett Heads are lovely, I will always hate Innes Park after shredding my feet on submerged rocks there as a kid (lol) but as far as living there goes, I reckon it'd be pretty nice
As much as your DH loves the rum distillery, I'd advise against living nearby hahaha, East Bundy is mainly industrial and a bit, shall we say, run-down. There are much nicer areas to live in, I'd go for Avoca or some parts of Kepnock, personally