South Bunbury, 6230 ranked 268th in WA when comparing growth in median property values or capital gain over the last 12 months. South Bunbury is one of 1662 in our list for WA
Over the longer term, South Bunbury has seen property prices show investors a -8.75% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in South Bunbury should be aiming for at least -8.15% off the asking price, which is the average vendor discount being achieved at the moment.
Investment property in South Bunbury has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.03%
If we look at median property appreciation over just the last three months, South Bunbury has given property investors a paper return of -2.29%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in WA
The most recent median price for South Bunbury is $320000, with sellers offering an average of -7.06% off the asking price.
Residents and property investors in South Bunbury have been waiting around 145.09 days to sell a property.
South Bunbury is 39th on a list of best yielding suburbs for rents in WA with a 4.92% return
South Bunbury is a suburb in the port city of Bunbury, the third largest city in Western Australia, and is located 175km south of the state capital.Full summary
Information supplied by:
South Bunbury is a suburb in the port city of Bunbury, the third largest city in Western Australia, and is located 175km south of the state capital.Close
Its port services the farming and timber industries of the south-west, and a twice-daily TransWA rail line connects the city to Perth.
South Bunbury is situated on the beach and several parks also lie in the area.
Regular buses service the suburb, and schools, child care centres, shops and a post office are also in operation.
More than just a family-friendly area, South Bunbury is quickly becoming a hot spot for property investors.
RP Data’s August figures put median unit prices in the area at an affordable $423,000.
Rental rates for the suburb also look positive, with gross rental yield sitting just under 5%.
The rental market is very tight with the vacancy rate sitting at just 1.73% according to realestateinvestar.com.au data.