Suburb Profile Report for Busby NSW (2168)

Busby House: Median price $579,000, Annual capital growth 8.61%, Number of sales 35, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 3321th in the list of Australian suburbs ordered by increase in median house value over the last year, Busby, 2168 is in the BOTTOM 20% with a property value increase of -9.53% recorded in median house prices.

If we look at median property appreciation over just the last three months, Busby has given property investors a paper return of -3.50%. This puts Suburb as 996 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Busby are currently offering property investors an average price cut of -7.49% below the asking price at the moment.

With the median price for a house in Busby being $579000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.59%

Metrics i HOUSE UNIT
$579,000 N/A
-3.50% N/A
-9.53% N/A
8.61% N/A
$400 N/A
35 N/A
3.59% N/A
86.45 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 4208
Median household income ($/weekly) 820
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 694 16.5
    15-19 years 396 9.4
    25-34 years 526 12.5
    35-44 years 452 10.7
    45-54 years 585 13.9
    Others 1556 37.0
    Age Group
    Census Count Percent(%)
    Not Married 1473 52.6
    Registered Married 1184 42.3
    Defacto Relationship 144 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2363 64.5
    Malaysia 216 5.9
    Papua New Guinea 106 2.9
    Viet Nam 176 4.8
    Other 303 8.3
    Others 500 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 359 9.9
    Christianity 2145 59.1
    Hinduism 93 2.6
    Islam 707 19.5
    No Religion 259 7.1
    Others 68 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 130 12.6
    $600-$799 157 15.2
    $800-$999 104 10.1
    $1,000-$1,249 123 11.9
    $1,500-$1,999 94 9.1
    Others 422 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1464 52.6
    Employed, worked full-time 724 26.0
    Employed, worked part-time 344 12.4
    Unemployed, looking for work 155 5.6
    Employed, away from work 95 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 180 15.5
    Community & personal service workers 127 10.9
    Clerical & administrative workers 170 14.6
    Machinery operators & drivers 199 17.1
    Labourers 200 17.2
    Others 285 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 64 6.6
    Infants/Primary 358 36.9
    Secondary 323 33.3
    Technical or Further Educational Institution 109 11.2
    University or other Tertiary Institutions 99 10.2
    Others 17 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3669 96.1
    Flat, unit or apartment 90 2.4
    Semi-detached, row or terrace house, townhouse 60 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 530 46.0
    Being purchased 341 29.6
    Fully owned 276 23.9
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table