House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
The suburb’s capital gain of 6.74% for the past year is higher than average compared to its 8.08% growth within a five-year period.
Also in WEST BUSSELTON, the median home price is sitting at $475,000, and the average rent at $477.5, this suggests property owners could potentially earn a 5.23% increase in gross rental yield.
Property investors have seen a 2.15% gain in WEST BUSSELTON based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.36% growth over a ten-year period. It ranks 3359th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.74%||4.29%|
|Median 3 years||17.43%||8.31%|
|Median 5 years||8.08%||-11.52%|
|10 years average annual||2.36%||3.4%|
|Weekly media advert. rent||$477.5||$420|
|Time on Market||36.7 days||58.4 days|
|Gross Rental Yield Percent||5.23%||5.98%|