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%