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1 MIN READHouse 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...
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West BusseltonWest Busselton - SUBURB PROFILE REPORT
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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 Price | $475,000 | $365,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.15% | 0.69% |
| 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% |
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