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Busselton, WA 6280

Home » WA Real Estate Data » City of Busselton, WA » Busselton, WA 6280

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Busselton, WA 6280 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

2BR

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Yield 

2BR

3BR

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5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

1BR

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Busselton, WA 6280”

  1. The total adult population (15 years or older) of Busselton 6280 WA is 1,662, with a median age of 56. Of those, 42.06% are married, 19.25% are divorced or separated, 29.84% are single and 8.60% are widowed.

    The average household size is 1.9 people per dwelling, and the median household monthly income is estimated to be $5,448. The median monthly mortgage repayment for households in this suburb is $1,635 which is 30.01% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the beautiful state of Western Australia, the suburb of Busselton 6280 is a diverse community home to approximately 1887 households. As we sail through the third quarter of 2023, the typical price tag of houses in this vibrant locality stands at a competitive $623,741; a figure that is offset by a median weekly rent of $400. Promisingly, the indicative yield from this equation checks in at an attractive 3.33%, exceeding the minimum requirement for attractive market yields of 3%.

    The residents of Busselton 6280 benefit from a strong socio-economic setting with a commendable IRSAD score of 915 from a possible 1217. This suggests a moderately prosperous community, providing a healthy backdrop for property investors and realtors. Busselton’s renter to owner ratio currently tallies up to 39%, which, while higher than the preferred range of 30%, still steers clear of the worrisome threshold of 45%.

    Busselton’s units to houses ratio stands at 16%, fitting well within the favourable 50% or lower range. This indicates a healthier property landscape with a greater emphasis on family homes and less competition for landlords. Meanwhile, the affordability index for Busselton is rather steep, coming in at 45 years. This places it beyond the affordable range, but such factors can be offset by other favouring property metrics.

    Encouraging news for investors is found within Busselton’s supply metrics. The Stock-On-Market Percentage for houses rests at just 0.13%, indicating a favourable low supply. Moreover, the suburb’s house inventory level is a mere 0.62 months, further underscoring the scarcity of supply in the area. Meanwhile, the building approvals ratio for houses is very low, coming in at 0.06%; this might indicate less upcoming supply in the future.

    In terms of the demand side, houses in Busselton stay on the market for an average of 51 days, slightly above the preferable 35 days. However, with the suburb boasting an impressive vacancy rate of just 0.27% (well below the 1% mark that denotes high demand), Busselton’s real estate market remains buoyant. Supporting this trend is a house buy search index score of 5, suggesting a substantial level of interest among property hunters in this unique corner of Western Australia.

    Remember, while some metrics might veer from optimal ranges, a collective assessment of the property landscape is pivotal for effective decision-making. Leveraging tools such as the HtAG Analytics’ RCS metric can help automate this analysis, ensuring you stay informed of the changing dynamics of the property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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