All About Buderim, Sunshine Coast, QLD, 4556

Buderim is a town sat upon a mountaintop along the Sunshine Coast in Queensland, Australia. While the town itself is not strictly bounded, the population is known to be over 50,000. The name is believed to originate from the language of the Kabi Kabi aboriginal people and may refer to a certain breed of honeysuckle. The first European settlers came to the land in the 1860s, and by 1885 a post office had been established. Buderim’s sweeping views of the ocean have drawn the attention of many of Australia’s most wealthy, with a number of mansions with ocean vistas sitting atop the mountain. The town is notable for its diverse architectural style, a patchwork of old and new styles from all around the world.

Buderim is a beautiful town with stunning views out over the sea. Its proximity to the beaches along the Sunshine Coast is among the biggest selling points of the region, however its high temperature and its altitude are equally factors that often draw people in. Like most of the Sunshine Coast, Buderim is connected to other settlements by rail, with regular services operated by Sunbus serving as public transport. Buderim’s close proximity to a number of educational institutions both state and private, as well as the University of the Sunshine Coast, make it a suitable place for young families. All in all, Buderim is an excellent place to own property with beautiful views, warm weather and a sense of character and individuality.

Buderim Real Estate Market Outlook

Thinking about buying in Buderim? Now could not be a better time, with 18636 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,095,000 with prices in this suburb ranging from $66,000 to $94,438,000. Buderim is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Buderim due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Buderim classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Buderim requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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