Over the last year, property investments in West Busselton, 6280 have given investors a capital gain of -3.39%. This compares averagely with the -1.74% for WA as a whole.
A -8.07% growth in median value for property investors in West Busselton,6280 puts this suburb at number 165th in terms of best performing suburbs in WA
West Busselton6280 is located in WA which offers an average discount of -8.00% to property investors. West Busselton itself is showing figures that indicate -5.90% is the average achievable by property buyers investing in the suburb.
West Busselton, 6280’s gross rental yield is 4.96%
With a capital gain of -15.19% for the last 12 months, West Busselton, 6280 has performed for property investments than its average annual -2.10% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, West Busselton has given property investors a paper return of 1.78%. This puts Suburb as 37 on a list of fastest fasting appreciating suburbs in WA
In the last year 16 properties changed hands in West Busselton, which puts it as the 89th most active market in WA when comparing the number of sales per suburb.
West Busselton, 6280’s gross rental yield is 7.72%
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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.