Suburb Profile Report for Buddina QLD (4575)

Buddina House: Median price $720,000, Annual capital growth 2.59%, Number of sales 69, Weekly median advertised rent $480

Buddina Unit: Median price $495,000, Annual capital growth 2.57%, Number of sales 32, Weekly median advertised rent $373

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$720,000 $495,000
2.86% 15.79%
12.50% 17.86%
2.59% 2.57%
$480 $373
69 32
3.47% 3.91%
46.76 96.25

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3665
Median household income ($/weekly) 1073
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 461 12.6
    25-34 years 465 12.7
    35-44 years 512 14.0
    45-54 years 505 13.8
    55-64 years 431 11.8
    Others 1292 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 1269 46.1
    Not Married 1158 42.1
    Defacto Relationship 325 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3006 84.3
    Papua New Guinea 161 4.5
    United Kingdom 170 4.8
    United States of America 22 0.6
    Other 74 2.1
    Others 132 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.2
    Christianity 2279 66.8
    Judaism 6 0.2
    Other Religious Groups 17 0.5
    No Religion 1066 31.2
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 165 12.4
    $600-$799 150 11.3
    $800-$999 120 9.0
    $1,000-$1,249 120 9.0
    $1,500-$1,999 167 12.6
    Others 606 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1079 37.4
    Employed, worked full-time 954 33.1
    Employed, worked part-time 612 21.2
    Unemployed, looking for work 132 4.6
    Employed, away from work 107 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 184 11.0
    Professionals 347 20.8
    Technicians & trades workers 299 17.9
    Clerical & administrative workers 227 13.6
    Sales 210 12.6
    Others 403 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 54 6.9
    Infants/Primary 322 41.0
    Secondary 214 27.3
    Technical or Further Educational Institution 53 6.8
    University or other Tertiary Institutions 123 15.7
    Others 19 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2805 79.1
    Flat, unit or apartment 364 10.3
    Semi-detached, row or terrace house, townhouse 332 9.4
    Caravan, cabin, houseboat 38 1.1
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 561 38.3
    Fully owned 523 35.7
    Being purchased 376 25.6
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals