If you compare the increase in value of investment property in West Busselton, 6280 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was 1.02%.
When looking at the potential capital gains offered to property investors over the last 3 years, West Busselton comes in at number 48th in WA.
West Busselton is 180th on a list of best yielding suburbs for rents in WA with a 4.21% return
West Busselton has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.77% to date .
While West Busselton,6280 ranked number 79th in WA for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.
Situated 194.97km from the CBD, West Busselton is one of Busselton localities in the postcode 6280.
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