2/102 Dixon Road, Buderim QLD 4556

2/102 Dixon Road, Buderim QLD 4556
3-bedroom apartment on 198mยฒ lot | 165mยฒ internal area with three car spaces | fully fenced yard with garden shed | low body corporate fees in Buderim This property offers a rare configuration for the area: a three-bedroom apartment with three dedicated car spaces and a fully fenced yard, effectively functioning as a low-maintenance house alternative. The 165mยฒ internal area combined with the level outdoor space and garden shed provides a competitive edge for buyers seeking single-level living without strata compromises. It serves best for downsizers or small families who want the security of a gated community but need practical space for vehicles and outdoor use. The location in the Chancellor State College catchment and absence of flood or bushfire overlays adds to its positional strength. The primary risk is the valuation gap between the 2023 purchase price and current estimates, which may signal slower capital growth in this segment. Buyers should verify whether the low body corporate fees reflect adequate sinking fund provisions for a 198mยฒ lot. The oversized garages and yard present an opportunity to add value through landscaping or a studio conversion. Hold this property as a long-term residence or rent it for a stable yield near $875 per week, leveraging its unique land-to-building ratio in a sought-after school catchment.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Buderim is a high-demand, established suburb with a mature demographic of professional childless couples and high owner-occupancy. Demand is driven by strong capital growth, with houses rising over 8% and units over 14% annually, supported by robust sales and rapid sub-month selling times. Future growth is underpinned by sustained buyer interest and rising rents, though high median prices around $1.3 million and limited supply present key affordability and inventory constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

198mยฒ

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