Suburb Profile Report for West Busselton WA (6280)

West Busselton House: Median price $439,500, Annual capital growth 1.33%, Number of sales 134, Weekly median advertised rent $370

West Busselton Unit: Median price $412,500, Annual capital growth 4.76%, Number of sales 21, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

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 1.08%

The five-year average increase in median property values for West Busselton,6280 has given property investors a potential capital gain of 14.16% across each of those five years.

West Busselton, 6280 is offering WA ‘s 389th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.

WA has seen average median house prices change by -2.78% which means that West Busselton, 6280 has not done well for property investors by showing a capital gain of 17.02% over the last year

If we look at median property appreciation over just the last three months, West Busselton has given property investors a paper return of 5.77%. This puts Suburb as 13 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -6.19% to buyers in West Busselton at the moment, which is less than average for the rest of WA.

In the last year 21 properties changed hands in West Busselton, which puts it as the 78th most active market in WA when comparing the number of sales per suburb.

West Busselton, 6280’s gross rental yield is 4.29%

HOUSE UNIT
$439,500 $412,500
-0.11% 5.77%
1.08% 17.02%
1.33% 4.76%
$370 $340
134 21
4.38% 4.29%
94.09 129.06

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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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
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