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Bunbury
AREA REPORTS

Bunbury

Bunbury - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6230

house
unit

BUNBURY, 6230 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling BUNBURY, 6230 values up and netting property investors a capital gain of 5.66% for the past year.

Investors saw the median home price rise to $560,000.

Profits due to an upward trend in home prices in the suburb averaged 5.8% per annum over a 3-year period.

BUNBURY now ranks at the 117th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BUNBURY are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $410 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BUNBURY, homes and units usually stay on listing for an average of 103.2 days.

In 2016, 57 properties were sold in BUNBURY during the past year, making it the 302nd most active market in WA based on total real estate transactions.

Data report can be found below

Bunbury
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $560,000 $355,000
GROWTH REPORT
Median Quarterly 6.16% -5.96%
Median 12 month 5.66% 8.73%
Median 3 years 17.4% -0.7%
Median 5 years 7.69% -15.68%
10 years average annual 0.83% -2.24%
Weekly media advert. rent $410 $390
Time on Market 103.2 days 103.3 days
Gross Rental Yield Percent 3.81% 5.71%
demographics (median values)*
Total Population
43134
Weekly Household Income
1326
Household Size
2.40
Age
39
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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