Powered by MOMENTUM MEDIA
AREA REPORTS

Preston Beach

WA/
Preston beach

Suburb Profile

Preston Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6215

house

Property investors have seen a 6.05% gain in PRESTON BEACH based on an increase in median home prices for the past three months.

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 $298,000

Profits averaged -3.23% per annum over a 3-year period, due to an downward trend in home prices in PRESTON BEACH, 6215.

This means, real estate investors could earn a rental income of $267.5 based on current median home prices for the suburb.

The gross rental yield in PRESTON BEACH, 6215 is 4.67%.

An average of 1.25 real estate transactions take place per month in PRESTON BEACH which translates to 15 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $298,000 N/A
GROWTH REPORT
Median Quarterly 6.05% N/A
Median 12 month 6.05% N/A
Median 3 years -9.7% N/A
Median 5 years -14.61% N/A
10 years average annual -0.65% N/A
Weekly media advert. rent $267.5 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 4.67% N/A
demographics (median values)
Total Population
184
Weekly Household Income
1010
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

RBA

Big bank balance sheets increasingly skewed to mortgages

The balance sheets of the big four banks are increasingly exposed to residential mortgages, as other forms of revenue generation become less...

Interior renovation

How much the average investor spends on interior renos

New research has revealed what the average investor is spending on their renovations, with a change in priorities pinpointed year-on-year. ...

APRA CEO Wayne Byres

APRA pushes for ‘more granular’ mortgage reporting

The prudential regulator has launched a consultation on a proposal that would expand its collection remit for home lending data.   ...

Building in construction

‘Stable’ population growth to bolster building activity

Consistent population growth is set to support building activity going forward, according to an industry economist. ...

Sophie Chick

Where the most new homes are being built

New research has provided insights into where the highest number of homes are being built and whether construction is rising or falling. ...

Lender launches 95% LVR loan for FHBs

Better Choice Home Loans has launched a new 95 per cent LVR home loan product, which aims to help more first home buyers enter the property ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.