East Bunbury (6230) is a suburb in Western Australia that continues to attract attention from both homeowners and investors. Located approximately 155km from the Perth CBD, the suburb is serviced by 1 schools and benefits from solid transport and amenity access.
East Bunbury has a population of approximately 4,019, a median age of 45, a median weekly household income of $1,330. With 66% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 25.6% of residents hold a university qualification.
Key employment industries in the broader local government area include Health Care and Social Assistance (16.3%), Construction (11.1%), Retail Trade (10.7%).
The current median house price in East Bunbury is $655,000. The suburb has delivered strong average annual growth of 15.8% over the past five years, outperforming many comparable markets. In the past 12 months, prices have increased 13.91%.
Properties in East Bunbury spend an average of 23 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.29%. With inventory levels at just 0.79 months, supply is tight relative to demand. The average vendor discount is -5.7%, meaning sellers are typically negotiating below asking price.
The median weekly rent for houses in East Bunbury is $600. Gross rental yield is 4.76%, providing a solid income return. Vacancy rate is 1.28%, reflecting healthy rental demand. Rents have grown 5.26% over the past 12 months.
The broader local government area is forecast to grow from 32,300 to 32,864 residents by 2031 (1.7% growth).
Explore other suburb profiles in the area: Bunbury, WA, Carey Park, WA, South Bunbury, WA, Withers, WA, Eaton, WA.
Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering East Bunbury or need help identifying the right suburb for your strategy, get in touch with our team.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.