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9 MIN READProperty Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
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Preston BeachPreston Beach - SUBURB PROFILE REPORT
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Property investors have seen a 7.25% 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 23.33%.
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 $370,000
Profits averaged 9.2% per annum over a 3-year period, due to an upward trend in home prices in PRESTON BEACH, 6215.
The gross rental yield in PRESTON BEACH, 6215 is 0%.
An average of 2.83 real estate transactions take place per month in PRESTON BEACH which translates to 34 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $370,000 | $80,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.25% | -15.79% |
| Median 12 month | 23.33% | N/A |
| Median 3 years | 27.59% | N/A |
| Median 5 years | 15.63% | N/A |
| 10 years average annual | 3.22% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 67.5 days | 0.0 days |
| Gross Rental Yield Percent | N/A | N/A |
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