Investment property in West Busselton 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 -2.68%
The five-year average increase in median property values for West Busselton,6280 has given property investors a potential capital gain of 11.40% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that West Busselton is offering property investors an average of -8.04. This rate of discount on properties puts Suburb at number 364th in terms of most discounted suburbs in WA
Property investors should expect to get $372.5 weekly from the median priced house in this suburb.
WA has seen average median house prices change by -3.39% which means that West Busselton, 6280 has not done well for property investors by showing a capital gain of -5.92% over the last year
Comparing West Busselton,6280 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in West Busselton 6280 should be seeing an average reduction in asking price of around -6.02% . This means that West Busselton is holding prices well when compared to other suburbs in WA.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.73%, investors should hope to achieve an overall return of 5.09%