CGT property valuations in Bunbury.

How does the resources cycle affect Bunbury valuations?

Bunbury's market has tracked the Western Australian resources and industrial cycle closely, peaking around 2013–14 and declining for several years afterwards.

A property first rented out near the peak frequently carries a cost base above its later sale price. Owners who rely on purchase price alone often overstate the gain, sometimes substantially.

Because the cycle in the South West did not move in step with Perth in every period, we use local evidence rather than importing metropolitan trends.

How is lifestyle-migration property in the South West valued?

Coastal and lifestyle property at Busselton, Dunsborough and Margaret River re-rated strongly from 2020, on a different trajectory from Bunbury itself.

Applying a single regional trend across Bunbury and the Capes markets misstates both. Each is analysed on its own evidence from the relevant period.

Holiday and short-stay letting is common in the Capes. Where a main residence began producing income, the date that use started may itself be a valuation date.

Do you value rural and viticultural property?

Yes. Rural, viticultural and lifestyle acreage across the South West is valued with regard to land quality, water, plantings, improvements and planning controls.

These markets are thin, so evidence is drawn from a wider net and adjusted explicitly. That reasoning is set out in the report rather than compressed into a single figure.

Where a property carries both a rural enterprise and a residence, the components are identified separately where the CGT event requires it.

Common Bunbury CGT scenarios we value

Homes rented out during a FIFO or interstate posting and sold years later

Retrospective valuations at the 2014 peak or the later trough

Coastal holiday homes at Busselton and Dunsborough moved into short-stay letting

Viticultural and lifestyle acreage in the Margaret River region

Areas we cover around Bunbury

Our WA panel covers Bunbury and the South West, including Busselton, Dunsborough, Margaret River, Collie, Donnybrook and Harvey.

Bunbury CGT valuation questions