Could Buddina be the Best Area to Buy on Sunshine Coast? Read on to find out!
Date Prepared: 28th December 2024
Overview
Buddina, located just 3 km south of Kawana Waters CBD and 92 km north of Brisbane, is a prestigious coastal suburb renowned for its pristine beaches, thriving local community, and excellent amenities. Offering a mix of luxury beachfront properties and family-friendly homes, Buddina is a standout destination for buyers and investors seeking lifestyle and growth opportunities on the Sunshine Coast.
Suburb Snapshot
- Median House Price (2024): $1,650,000
- Annual Growth (2024): 22.2%
- Distance to Major Locations:
- Brisbane CBD: Approx. 92 km (Approx. 1 hour 20 minutes’ drive)
- Sunshine Coast CBD: Approx. 12 km (Approx. 15 minutes’ drive)
- Kawana Waters CBD: Approx. 3 km (Approx. 5 minutes’ drive)
- Caloundra CBD: Approx. 13 km (Approx. 20 minutes’ drive)
Demographics
- Population: 3,885 (2021 Census, ABS)
- Median Age: 45 years
- Housing Types: Predominantly detached houses with a selection of modern units and townhouses.
Property Market Overview
- House Prices: Median of $1,650,000 in 2024, reflecting strong growth.
- House Rent: Median weekly rent of $800.
- Rental Yield (Houses): 2.7%.
- Unit Prices: Median of $950,000 in 2024.
- Unit Rent: Median weekly rent of $630.
- Rental Yield (Units): 3.4%.
- Vacancy Rate (Nov 2024): 1.7%.
Long-Term Growth:
Buddina’s median house price increased from $570,000 in 2006 to $1,650,000 in 2024, representing an annual growth rate of 6.2% over 18 years. The suburb experienced significant growth in 2021 (+43.6%) and 2024 (+22.2%), driven by demand for coastal properties and infrastructure enhancements.
Notable Recent Sales:
- 32 Aroona Avenue: Sold for $3,855,000 (Nov 2024)
- 27 Mawarra Street: Sold for $3,300,000 (Nov 2024)
- 46 Oomoo Street: Sold for $2,700,000 (Oct 2024)
Education Options
- Primary Schools: Buddina State School.
- Secondary Schools: Kawana Waters State College.
- Private Schools: Sunshine Coast Grammar School.
- Child Care Centres: 4 local centres providing early education and care.
Lifestyle and Amenities
- Shopping Centres: Kawana Shoppingworld offers extensive retail, dining, and entertainment options.
- Parks and Recreation: Buddina Beach, La Balsa Park, and Point Cartwright provide iconic outdoor spaces.
- Unique Highlights: Coastal walking trails and vibrant local markets.
Health and Wellbeing
- Hospitals: Sunshine Coast University Hospital and Birtinya Private Hospital, offering state-of-the-art healthcare services.
- Pharmacies: Multiple options within a 3 km radius for convenience.
- Community Wellness Programs: Regular fitness classes and beach yoga sessions promote a healthy lifestyle.
Community and Employment
- Employment Sectors: Healthcare, retail, and tourism dominate the local economy.
- Community Activities: Local surf clubs, beach clean-up events, and sports clubs foster community engagement.
Recent and Planned Developments
- Point Cartwright Precinct Enhancement: A $5M project to upgrade park facilities and improve pedestrian access, set for completion in 2026.
- Kawana Waters Marina Expansion: Planned to bring additional mooring facilities and waterfront dining options by 2028.
For more development projects in Sunshine Coast, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population (2021) | 3,885 |
| Median House Price (2024) | $1,650,000 |
| Median Unit Price (2024) | $950,000 |
| Median House Rent | $800 per week |
| Median Unit Rent | $630 per week |
| Rental Yield (Houses) | 2.7% |
| Rental Yield (Units) | 3.4% |
Sunshine Coast Buyer’s Agent Introduction
Looking for the best buyer’s agents for the Sunshine Coast? IPS Buyer’s Agent has you covered! We are a full-service buyer’s agent on the Sunshine Coast. Whether you’re a first-time buyer, upsizing, downsizing, or looking for luxury property, our expert Suburb Profiles and dedicated services will guide you every step of the way. Contact us for comprehensive advice tailored to your needs.
Conclusion: Why Choose Buddina?
Buddina offers an unparalleled coastal lifestyle, combining stunning beaches, excellent amenities, and strong investment potential. Its robust long-term growth, vibrant community, and upcoming developments make it an exceptional choice for families, professionals, and investors. Buddina stands out as a premier Sunshine Coast destination.
Ready to make Buddina your next destination? Contact us today to begin your journey!