Preston Beach

POSTAL CODE: WA, 6215

HOUSE

UNIT

Property investors have seen a 0% 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 31.79%.

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 $570,000

Profits averaged 17.33% 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 N/A.

An average of 3.75 real estate transactions take place per month in PRESTON BEACH which translates to 45 per annum.

Property investments in PRESTON BEACH did not fare well against the rest of the country last year, registering a median home price decrease of -19.05%.

Figures from the previous quarter show that capital gains for real estate buyers in PRESTON BEACH are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains PRESTON BEACH, 6215 saw average growth in the long term.

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

It is expected for properties to spend some time on the market prior to a successful sale. In PRESTON BEACH, homes and units usually stay on listing for an average of 118 days.

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 $170,000

Investors saw the median home price rise to $170,000.

PRESTON BEACH ranks 178th on the list of best yielding suburbs for rental properties in WA, posting a N/A return.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$570,000	$170,000
Growth Report
Median Quarterly	0%	-2.86%
Median 12 month	31.79%	-19.05%
Median 3 years	52%	0%
Median 5 years	81.82%	0%
10 years average annual	11.94%	21.25%
Weekly media advert. rent	N/A	N/A
Time on Market	31.9 days	118 days
Gross Rental Yield Percent	0%	0%

Demographics (Median Values)*

Total Population 4148

Weekly Household Income 1218

Household Size 2.50

Average Age 45

Monthly Loan Repayment 1636

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type

.module-ajax-wrapper-js-only-732 { display: none !important; }