Property value increases in West Busselton have tracked just higher than the WA average of -3.96% over the last 12 months.
West Busselton,6280 has offered an average of 1.25% return per annum in house price rises to property investors over the last three years.
The most recent median price for West Busselton is $445000, with sellers offering an average of -6.23% off the asking price.
Residents and property investors in West Busselton have been waiting around 102.61 days to sell a property.
Advertised rents are around the $367.5 mark per week – giving a return of 4.29% based on the median price in Suburb
West Busselton, 6280 ranked 10th in WA when comparing growth in median property values or capital gain over the last 12 months. West Busselton is one of 1662 in our list for WA
West Busselton,6280 was ranked 1271 in Australia by increase in median property value over the quarter.
West Busselton6280 is located in WA which offers an average discount of -8.73% to property investors. West Busselton itself is showing figures that indicate -5.23% is the average achievable by property buyers investing in the suburb.
With the median price for a house in West Busselton being $390000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.53%
As a neighbour of the regional city of Busselton, the suburb of West Busselton enjoys the spillover of demand from the CBD.Full summary
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Busselton neighbour maximises demand from the city
Median house price: $439,500
Three-year growth: 9.88%
Rental yield: 4.38%
As a neighbour of the regional city of Busselton, the suburb of West Busselton enjoys the spillover of demand from the CBD.
West Busselton’s houses are more affordable at under $440,000, and despite a hiccup in the March 2017 quarter, growth has generally been positive in recent years. The average rental yield is 4.4%, a good figure for investors. The average vacancy rate is also quite low at under 2%, suggesting that there is a strong chance of getting a regular stream of tenants.
The Busselton Health Campus is located in West Busselton, along with a surgery. There’s also a primary school. With Busselton being only a five-minute drive away, residents can easily avail of the city’s amenities, including high schools and the South Regional TAFE campus.Close