WA has seen average median house prices change by -4.98% which means that West Busselton, 6280 has not done well for property investors by showing a capital gain of 2.33% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Busselton has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.62% to buyers in West Busselton at the moment, which is less than average for the rest of WA.
Situated 195.88km from the CBD, West Busselton is one of Busselton localities in the postcode 6280.
Giving property investors a a solid capital gain of 12.36% for the last year, West Busselton, 6280 is the 272th highest performer in Australia in this respect.
Comparing West Busselton,6280 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in West Busselton are currently offering property investors an average price cut of -6.16% below the asking price at the moment.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.19%, investors should hope to achieve an overall return of 4.50%