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1.
Originally an Aboriginal translation for 'vagina' the words meaning has evolved and can be used as social term to classify a good looking person.

Geographically localised to Northern Territory Australia
"Man!! Sheryl is a budju eh"

"that chick is one sik budju"

or

"i have an itchy budju"
by jason June 10, 2004
 
2.
A hot chick who can't take a compliment... But despite all her sooking is still hot
Jem is a budju
by gammonbudju May 28, 2013