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AREA REPORTS

Preston Beach

Suburb Profile

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

house

Property investors have seen a -24.84% drop in PRESTON BEACH based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PRESTON BEACH, 6215 saw average decrease 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 $228,494

Profits averaged -9.15% 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 $305 based on current median home prices for the suburb.

The gross rental yield in PRESTON BEACH, 6215 is 6.94%.

An average of 1.17 real estate transactions take place per month in PRESTON BEACH which translates to 14 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $228,494 N/A
GROWTH REPORT
Median Quarterly -24.84% N/A
Median 12 month -24.84% N/A
Median 3 years -27.46% N/A
Median 5 years -32.4% N/A
10 years average annual -2.93% N/A
Weekly media advert. rent $305 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 6.94% N/A
demographics (median values)
Total Population
184
Weekly Household Income
1010
Household Size
2.00
demographics
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