West Busselton

POSTAL CODE: WA, 6280

HOUSE

UNIT

WEST BUSSELTON ranks 391st in WA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 16.47% for the past year is lower than average compared to its 111.28% growth within a five-year period.

Also in WEST BUSSELTON, the median home price is sitting at $908,500, and the average rent at $780, this suggests property owners could potentially earn a 4.46% increase in gross rental yield.

Property investors have seen a 6.26% gain in WEST BUSSELTON based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on WEST BUSSELTON, 6280 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 16.47%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.41% growth over a ten-year period. It ranks 968th on our list of suburbs that property investors should look into.

A steady increase in median property prices over a five-year period in WEST BUSSELTON, 6280 translates to a 75.75% capital gain.

WEST BUSSELTON, 6280 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $703,000.

Augmented property values in WEST BUSSELTON are trailing above the WA average of 17.31% for the past year.

Real estate investors could earn a rental income of $710 based on current median home prices for the suburb.

Home owners selling their properties and realtors in WEST BUSSELTON usually have to wait an average of 14.2 days days before their assets are lifted off the market.

WEST BUSSELTON ranks 64th on the list of best yielding suburbs for rental properties in WA, posting a 5.25% return.

WEST BUSSELTON, 6280 places 70th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$908,500	$703,000
Growth Report
Median Quarterly	6.26%	6.68%
Median 12 month	16.47%	18.65%
Median 3 years	39.77%	75.75%
Median 5 years	111.28%	98.03%
10 years average annual	8.41%	7.87%
Weekly media advert. rent	$780	$710
Time on Market	15.4 days	14.2 days
Gross Rental Yield Percent	4.46%	5.25%

Demographics (Median Values)*

Total Population 28166

Weekly Household Income 1220

Household Size 2.50

Average 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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