Mate you might be stressing about nothing. Most cars if you rev them and have the radiator cap open will give out heaps of bubbles.
The water pump is churning up the water/coolant and causing some extra water to come up through the radiator cap opening.
Are you sure that as you are doing this water isn't spitting onto the belts and causing the noise? Or that your belts are tensioned correctly?
Might want to try this:
1. Grab some silicon spray and spray around the belts and pully wheels
2. Just let the car idle with radiator cap open - allow to get up to operating temp, keep topping up
3. Put radiator cap on, take for about a 5-10 min soft drive, keep an eye on engine temp
4. Allow engine to cool >1hr..Top up before your next drive.