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Busselton
AREA REPORTS

Busselton

Busselton - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6280

house
unit

Property investments in BUSSELTON fare well against the rest of the country last year, registering a median home price increase of 11.25%.

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

Based on its average 5-year and quarterly capital gains BUSSELTON, 6280 saw average growth in the long term.

Real estate investors could earn a rental income of $390 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 84.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $445,000.

BUSSELTON ranks 193rd on the list of best yielding suburbs for rental properties in WA, posting a 4.56% return.

Data report can be found below

Busselton
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $445,000 $325,000
GROWTH REPORT
Median Quarterly 3.49% N/A
Median 12 month 11.25% 44.44%
Median 3 years -1.66% -4.41%
Median 5 years 1.14% -12.16%
10 years average annual 0.76% 5.64%
Weekly media advert. rent $390 $370
Time on Market 84.8 days 96.4 days
Gross Rental Yield Percent 4.56% 5.92%
demographics (median values)*
Total Population
28166
Weekly Household Income
1220
Household Size
2.50
Age
43
Monthly Loan Repayment
1800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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