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%.