Suburb Profile Report for West Busselton WA (6280)

West Busselton House: Median price $440,000, Annual capital growth 1.45%, Number of sales 127, Weekly median advertised rent $370

West Busselton Unit: Median price $404,500, Annual capital growth 4.19%, Number of sales 25, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$440,000 $404,500
0.00% 13.15%
2.33% 12.36%
1.45% 4.19%
$370 $350
127 25
4.37% 4.50%
101.06 125.78

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in West Busselton WA
Demographics
Total population 7932
Median household income ($/weekly) 917
Median age of persons 40
Median housing loan repayment ($/monthly) 1560
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1163 14.7
    25-34 years 833 10.5
    35-44 years 1068 13.5
    45-54 years 1063 13.4
    55-64 years 910 11.5
    Others 2895 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 2636 48.6
    Not Married 2156 39.7
    Defacto Relationship 636 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6241 83.3
    Papua New Guinea 168 2.2
    South Africa 78 1.0
    United Kingdom 616 8.2
    Other 110 1.5
    Others 282 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.9
    Christianity 4749 66.4
    Islam 32 0.4
    Other Religious Groups 38 0.5
    No Religion 2248 31.4
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 266 10.1
    $400-$599 422 16.1
    $600-$799 280 10.7
    $800-$999 271 10.3
    $1,500-$1,999 308 11.7
    Others 1075 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2315 39.3
    Employed, worked full-time 1810 30.8
    Employed, worked part-time 1277 21.7
    Employed, away from work 274 4.7
    Unemployed, looking for work 210 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 448 13.3
    Technicians & trades workers 609 18.1
    Clerical & administrative workers 385 11.5
    Sales 411 12.2
    Labourers 528 15.7
    Others 980 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 131 7.7
    Infants/Primary 767 45.2
    Secondary 514 30.3
    Technical or Further Educational Institution 166 9.8
    University or other Tertiary Institutions 88 5.2
    Others 30 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6405 89.2
    Semi-detached, row or terrace house, townhouse 566 7.9
    Flat, unit or apartment 204 2.8
    Caravan, cabin, houseboat 6 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1074 36.5
    Fully owned 949 32.3
    Being purchased 889 30.2
    Other tenure type 27 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals