Buderim is a large suburb in Queensland within the Sunshine Coast local government area (postcode 4556). With a population of 31,430, the suburb has a mature demographic with a median age of 46. Households earn a median income of $90K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Buderim is $1.2 million, having grown strongly 5.1% over the past year. Units have a median price of $647,000 (+10.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Buderim is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 78 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Sunshine Coast LGA is below average at 3,765 incidents per 100,000 population.
From an investment perspective, Buderim offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +5.1% year-on-year.
Buderim is a large suburb in Queensland within the Sunshine Coast local government area (postcode 4556). With a population of 31,430, the suburb has a mature demographic with a median age of 46. Households earn a median income of $90K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Buderim is $1.2 million, having grown strongly 5.1% over the past year. Units have a median price of $647,000 (+10.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Buderim is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 78 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Sunshine Coast LGA is below average at 3,765 incidents per 100,000 population.
From an investment perspective, Buderim offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +5.1% year-on-year.