If you compare the increase in value of investment property in East Bunbury, 6230 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.18%.
While East Bunbury,6230 ranked number 288th in WA for increase in median house value (annualised) increase, it is ranked 269th over the last 5 years.
The most recent median price for East Bunbury is $347500, with sellers offering an average of -7.44% off the asking price.
A $312.5 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at -0.25%.
With a capital gain of 3.77% for the last 12 months, East Bunbury, 6230 has performed for property investments than its average annual 10.88% property growth over the last 5 years.
A -6.06% growth in median value for property investors in East Bunbury,6230 puts this suburb at number 26th in terms of best performing suburbs in WA
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.43% offered to property buyers. Sellers in East Bunbury itself are offering an average vendor discount of -6.13% to real estate investors.
At number 1123 in a list of fastest selling suburbs, East Bunbury is in the bottom 30% of suburbs in Australia with an average of days on market 98.91 for properties listed there.
With the median price for a house in East Bunbury being $310000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.03%