Investment property in Buddina has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.50%
While Buddina,4575 ranked number 175th in QLD for increase in median house value (annualised) increase, it is ranked 288th over the last 5 years.
The most recent median price for Buddina is $720000, with sellers offering an average of -5.03% off the asking price.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 2.59%.
Property value increases in Buddina have tracked higher than the QLD average of 0.66% over the last 12 months.
A 15.12% growth in median value for property investors in Buddina,4575 puts this suburb at number 6th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Buddina should be aiming for at least -4.80% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $372.5 weekly from the median priced house in this suburb.