Suburb Profile Report for Busselton WA (6280)

Busselton House: Median price $535,000, Annual capital growth 2.88%, Number of sales 40, Weekly median advertised rent $350

Busselton Unit: Median price $360,000, Annual capital growth 4.22%, Number of sales 10, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 8.52% for the last year, Busselton, 6280 is the 1305th highest performer in Australia in this respect.

Over the longer term, Busselton has seen property prices show investors a 23.99% return over the last 3 years. This is worse than over the last 12 months

Busselton, 6280 is offering WA ‘s 368th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this WA.

On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

Property investors who have had real estate in Busselton, 6280 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.51%

A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 4.22%.

HOUSE UNIT
$535,000 $360,000
1.13% N/A
8.52% -5.51%
2.88% 4.22%
$350 $340
40 10
3.40% 4.91%
95.91 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 1716
Median household income ($/weekly) 664
Median age of persons 50
Median housing loan repayment ($/monthly) 1733
Average household size 2
  • Census Count Percent(%)
    35-44 years 185 10.8
    45-54 years 197 11.5
    55-64 years 247 14.4
    65-74 years 232 13.5
    75-84 years 193 11.2
    Others 662 38.6
    Age Group
    Census Count Percent(%)
    Not Married 615 47.5
    Registered Married 554 42.8
    Defacto Relationship 126 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1263 77.3
    Greece 14 0.9
    Papua New Guinea 47 2.9
    United Kingdom 198 12.1
    Other 31 1.9
    Others 81 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 1.8
    Christianity 1061 67.8
    Hinduism 6 0.4
    Islam 8 0.5
    No Religion 455 29.1
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 116 16.2
    $400-$599 145 20.2
    $600-$799 97 13.5
    $800-$999 71 9.9
    $1,000-$1,249 53 7.4
    Others 235 32.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 712 50.5
    Employed, worked full-time 340 24.1
    Employed, worked part-time 236 16.7
    Employed, away from work 66 4.7
    Unemployed, looking for work 57 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 76 11.8
    Professionals 76 11.8
    Technicians & trades workers 114 17.7
    Sales 79 12.2
    Labourers 118 18.3
    Others 182 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 18 8.0
    Infants/Primary 87 38.8
    Secondary 59 26.3
    Technical or Further Educational Institution 34 15.2
    University or other Tertiary Institutions 20 8.9
    Others 6 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1032 67.0
    Semi-detached, row or terrace house, townhouse 276 17.9
    Flat, unit or apartment 87 5.6
    Caravan, cabin, houseboat 139 9.0
    Improvised home, tent, sleepers out 4 0.3
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 373 48.3
    Fully owned 293 37.9
    Being purchased 107 13.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals