This is what Buderim locals have always known.
The area is one of the few suburbs on the Sunshine Coast that has maintained an increase in capital growth for the past 15 years, only showing a decline in 2011.
In analysing the statistical data; of the 260 houses sold in 2011 (>Sept) the majority were within the $350-$650,000 price range, with only 25 sold over $800,000.
Rental returns have remained consistent for the past 3 years; weekly median rental on a 4 bedroom house at $420 and a 3 bedroom townhouse $350.
The economic stability of the area is strengthened by the outstanding junior and senior educational facilities (including the University of the Sunshine Coast) all within 10 minutes of Buderim village.
**Matthew Flinders College and Sunshine Coast Grammar lead the state in % of students obtaining OP scores between 1-5. **
Buderim’s proximity to the planned Sunshine Coast Hospitals to be constructed at Kawana will see the regions medical facilities on par with those typically found in the nation’s capital cities. An estimated 15,000 jobs will be created over the 4 to 5 years of construction, whilst more than 150 applications have already been received from professionals from around the globe, seeking positions once the hospitals open. When open, the private hospital will employ 700 staff and generate almost $90 million in local economic activity. With this in mind, Buderim’s unique location will undoubtedly ensure positive sales growth.
Further confidence in the local area is being demonstrated by the development of a new shopping precinct on the corner of King Street & Main Road. The design aim is to continue the boutique shopping experience from the existing village with both pedestrian and vehicle links.
With very few opportunities left for land developments now is the time to secure your piece of Buderim.
'The Buderim Address' is the property buyers guidebook to Buderim. Over 100 pages of full colour photos, with local information on facilities, neighbourhoods and property market reports. Written by the leading Buderim Buyers Agent for buyers of Buderim property. Visit www.buderimproperty.net.au to find out more.
