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 -0.45%
West Busselton,6280 has offered an average of -0.45% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in West Busselton should be aiming for at least -5.57% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
West Busselton is in the TOP 10% in WA when comparing median price capital growth over the last year. West Busselton gave property investors a very good capital gain figure when compared to the rest of the state, with 9.58%.
Across a shorter period, West Busselton, 6280 has seen a median price increase of -4.36% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that West Busselton is offering property investors an average of -8.43. This rate of discount on properties puts Suburb at number 97th in terms of most discounted suburbs in WA
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 3.54%, investors should hope to achieve an overall return of 4.48%