Property investors who have had real estate in Buderim, 4556 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.45%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Buderim has increased when compared to the 5 year average annual rate.
Buderim, 4556 is offering QLD ‘s 724th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
In the last year 575 properties changed hands in Buderim, which puts it as the 1st most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 3.10%, investors should hope to achieve an overall return of 4.33%
Buderim has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.52% to date .
A 8.73% growth in median value for property investors in Buderim,4556 puts this suburb at number 141th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Buderim should be aiming for at least -4.88% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Buderim being $386000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.12%