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Busselton suburb profile

Busselton is a picturesque coastal city located in Western Australia's South West region, renowned for its stunning beaches and the iconic Busselton Jetty. This vibrant city offers a relaxed lifestyle with a strong sense of community, attracting families, retirees, and tourists alike. Busselton is a gateway to the renowned Margaret River wine region, providing easy access to world-class wineries and gourmet experiences. The city boasts a range of recreational activities, from water sports to exploring the nearby Tuart Forest National Park. Its blend of natural beauty, cultural attractions, and modern amenities makes Busselton a desirable destination for both residents and visitors.

Busselton property market performance

Current median dwelling price$678,750Past 3 months

Property growth+28.1%Past 12 months

Busselton's property market has shown significant growth in house values over the past 12 months, with an impressive increase of 22.9%. However, unit values have remained stable with no change. Despite the strong growth in house values, the median house price is currently not available. The market has seen limited sales activity, with only 8 houses and 2 units sold over the last 12 months.

Houses in Busselton are selling quickly, with a median of just 11 days on the market, while data for units is not available, indicating a potential lack of activity in the unit market. The rental market has also experienced changes, with house rents increasing by 5.2% to an average of $750, while unit rents have remained unchanged at $725 over the past year.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
22.9%N/A
Sold
Past 3 months
82
Median days on market
Past 12 months
11N/A
Average rent
Past 12 months
$750$725
Change in rent
Past 12 months
5.2%N/A

5 year median price trend for houses and units

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Busselton demographics

Busselton, located in the picturesque South West region of Western Australia, is a charming coastal town known for its stunning beaches and relaxed lifestyle. With a population of 1,838, Busselton offers a serene environment that attracts retirees and families seeking a peaceful yet vibrant community. The median age of 56 reflects its appeal to older residents who enjoy the town's natural beauty and slower pace of life.

The suburb's housing landscape is characterized by a significant proportion of properties owned outright, accounting for 43.7% of the total, which indicates a stable and established community. Meanwhile, 40.5% of the properties are rented, providing options for those who prefer flexibility or are new to the area. The presence of couple families without children, making up 61.1% of the family demographic, further underscores Busselton's appeal to retirees and empty nesters.

Busselton's median total household income of $949 per week is reflective of its demographic composition, with many residents likely enjoying retirement or semi-retirement. The town's economy benefits from tourism, with its iconic jetty and proximity to the Margaret River wine region drawing visitors year-round. Overall, Busselton offers a tranquil lifestyle with the convenience of modern amenities, making it an attractive destination for those seeking a coastal retreat.

Busselton infrastructure, key developments and investment opportunities

Busselton is undergoing ongoing enhancement of its foreshore precinct, with upgrades to public spaces, playgrounds and recreational facilities around the jetty precinct helping to strengthen its appeal as a family-friendly coastal hub and support tourism-driven demand for short-stay and residential property.[5][8] The presence of Busselton Margaret River Airport nearby, capable of handling larger aircraft, continues to improve regional connectivity, underpinning local employment and making the area more attractive to fly-in visitors and potential relocators.[5]

Council planning focuses on leveraging Busselton’s position as a gateway to the Margaret River wine region, with an emphasis on tourism, cultural attractions and foreshore activation, which is likely to support long-term demand for centrally located homes and holiday accommodation.[5][7] There are no widely reported new major school or transport line projects specific to Busselton at this time, so the key drivers for the property market remain its upgraded foreshore amenities, airport connectivity and regional lifestyle appeal.[5][7]

Busselton rental market trends

The rental market in Busselton has experienced moderate growth, with house rents increasing by 5.2% over the past year to $750 per week, while unit rents have remained stable at $725 per week. As a popular coastal destination, Busselton continues to attract renters and investors seeking a balanced lifestyle with steady rental returns.

Suburbs near Busselton

Some popular suburbs near Busselton include:

How does Busselton compare to nearby suburbs?

  • Median house prices: Busselton’s median house price is 0.1% higher than West Busselton’s.
  • House price growth: Over the past 12 months, house prices in Busselton have grown 3.1% higher than in West Busselton.
  • Unit price growth: Over the past 12 months, unit prices in Busselton have grown 25.2% higher than in West Busselton.
  • Selling speed for houses: Properties in Busselton are selling 15.4% faster than in Geographe.

Common questions about Busselton

  • Is Busselton a nice place to live?

    Busselton is a delightful coastal suburb that offers a wonderful place to live, particularly for families and those seeking a serene lifestyle. With its charming atmosphere and a strong sense of community, Busselton provides a welcoming environment for residents of all ages. The suburb is known for its relaxed vibe, making it an ideal location for families who appreciate a slower pace of life while still having access to modern amenities.

    Safety is generally not a major concern in Busselton, contributing to its appeal as a family-friendly suburb. The area is well-equipped with essential amenities, including shops, cafes, and recreational facilities, ensuring that residents have everything they need within easy reach. The proximity to stunning beaches and green spaces offers plenty of opportunities for outdoor activities, from leisurely strolls to more adventurous water sports.

    While Busselton provides a peaceful lifestyle, it does come with some trade-offs. The suburb may not offer the bustling nightlife or extensive cultural scene found in larger cities, which might be a consideration for those who crave a more vibrant urban experience. However, the tranquility and natural beauty of the area more than compensate for this, particularly for families and retirees who value a quieter environment.

    Overall, Busselton is a charming and peaceful place to live, offering a balanced lifestyle with its beautiful coastal setting and strong community ties. It is particularly well-suited for families and those seeking a retreat from the hustle and bustle of city life, while still enjoying the convenience of modern amenities and the allure of nearby attractions.

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  • Is it expensive to live in Busselton?

    Living in Busselton can be seen as moderately expensive, particularly when it comes to renting. Although the current median house and unit prices are not specified, the average rent for houses is about $750 per week, and for units, it's $725 per week. These rental prices are relatively high when you consider the median total household income in Busselton is $949 per week. This suggests that a significant portion of household income would need to be allocated to cover rent.

    When comparing this to the Western Australia average wage of $88,000 per year, which breaks down to approximately $1,692 per week, it becomes clear that those earning the average state wage might find the rental market in Busselton more manageable. However, for households earning around the local median income, the cost of renting could be a stretch. If you're thinking of living in Busselton, it's important to weigh these factors and consider how the rental prices align with your income and financial goals.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Busselton a good place to invest?

    Busselton is showing promising signs as a potential investment hotspot, particularly for those interested in the housing market. Over the past year, the suburb has experienced a significant 22.9% increase in median house values, indicating strong demand and a robust market. This kind of growth suggests that Busselton is becoming increasingly attractive to both buyers and investors, likely due to its appealing coastal lifestyle and growing infrastructure.

    While the unit market in Busselton has remained stable with no change in median values over the last year, the rental market for houses has seen a healthy 5.2% increase. This rise in rental prices reflects a steady demand for housing, making it an appealing option for investors seeking rental income. Although units haven't shown the same growth, they may still offer potential for those looking for a more affordable entry point into the market.

    Overall, Busselton presents a compelling case for investment, especially in the housing sector. The suburb's strong capital growth and rising rental returns for houses make it an attractive option for investors looking to capitalize on its upward trajectory. While units haven't experienced the same growth, the stability in their values might appeal to those seeking a more conservative investment. With its coastal charm and promising market trends, Busselton is certainly worth considering for property investment.

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Choose the right real estate agents in Busselton

Choosing the right real estate agent in Busselton can have a big impact on your sale. While there are 28 real estate agents working in the suburb, but just 5 of them were responsible for 35.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.63% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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