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Preston BeachPreston Beach - SUBURB PROFILE REPORT
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Property investors have seen a 4.31% 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 $327,000
Profits averaged 6.3% 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 2.58 real estate transactions take place per month in PRESTON BEACH which translates to 31 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $327,000 | $95,500 |
| GROWTH REPORT | ||
| Median Quarterly | 4.31% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 18.91% | N/A |
| Median 5 years | 2.99% | N/A |
| 10 years average annual | 6.83% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 124.4 days | 0.0 days |
| Gross Rental Yield Percent | N/A | N/A |
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