Suburb Profile Report for Busby NSW (2168)

Busby House: Median price $589,500, Annual capital growth 8.67%, Number of sales 61, Weekly median advertised rent $398

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Busby has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.17%

The five-year average increase in median property values for Busby,2168 has given property investors a potential capital gain of 82.23% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Busby itself are offering an average vendor discount of -7.00% to real estate investors.

A $397.5 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 8.67%.

HOUSE UNIT
$589,500 N/A
3.42% N/A
9.17% N/A
8.67% N/A
$398 N/A
61 N/A
3.51% N/A
77.65 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4208
Median household income ($/weekly) 820
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 694 16.5
    15-19 years 396 9.4
    25-34 years 526 12.5
    35-44 years 452 10.7
    45-54 years 585 13.9
    Others 1556 37.0
    Age Group
    Census Count Percent(%)
    Not Married 1473 52.6
    Registered Married 1184 42.3
    Defacto Relationship 144 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2363 64.5
    Malaysia 216 5.9
    Papua New Guinea 106 2.9
    Viet Nam 176 4.8
    Other 303 8.3
    Others 500 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 359 9.9
    Christianity 2145 59.1
    Hinduism 93 2.6
    Islam 707 19.5
    No Religion 259 7.1
    Others 68 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 130 12.6
    $600-$799 157 15.2
    $800-$999 104 10.1
    $1,000-$1,249 123 11.9
    $1,500-$1,999 94 9.1
    Others 422 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1464 52.6
    Employed, worked full-time 724 26.0
    Employed, worked part-time 344 12.4
    Unemployed, looking for work 155 5.6
    Employed, away from work 95 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 180 15.5
    Community & personal service workers 127 10.9
    Clerical & administrative workers 170 14.6
    Machinery operators & drivers 199 17.1
    Labourers 200 17.2
    Others 285 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 64 6.6
    Infants/Primary 358 36.9
    Secondary 323 33.3
    Technical or Further Educational Institution 109 11.2
    University or other Tertiary Institutions 99 10.2
    Others 17 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3669 96.1
    Flat, unit or apartment 90 2.4
    Semi-detached, row or terrace house, townhouse 60 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 530 46.0
    Being purchased 341 29.6
    Fully owned 276 23.9
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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