First Home Buyers Required To Save For Longer As Prices Soar
Strong buyer interest, spurred on by record-low interest rates as well as below average wage growth, means it is now pre...
Property investors have seen a 9.23% gain in PRESTON BEACH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on PRESTON BEACH, 6215 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 49.29%.
Based on its average 5-year and quarterly capital gains PRESTON BEACH, 6215 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $313,500
Profits averaged 4.67% per annum over a 3-year period, due to an upward trend in home prices in PRESTON BEACH, 6215.
This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
The gross rental yield in PRESTON BEACH, 6215 is 0%.
An average of 1.67 real estate transactions take place per month in PRESTON BEACH which translates to 20 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||49.29%||N/A|
|Median 3 years||14%||N/A|
|Median 5 years||-3.54%||N/A|
|10 years average annual||6.04%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||151.6 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|