Buderim (postcode 4556) is a large suburb in Queensland within the Sunshine Coast local government area. The area has roughly 31,430 residents and a settled, mature resident base, with a median age of 46. Households earn a median income of $90K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Buderim has a median house price of $1.2 million, which has risen solidly by 5.1% year-on-year. Units have a median price of $647,000 (+10.2% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.3%. 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 3,661 incidents per 100,000 population.
On the investment side, Buderim shows a gross rental yield of approximately 3.3%, 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. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.