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Preston Beach
AREA REPORTS

Preston Beach

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

house
unit

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.

Data report can be found below

Preston Beach
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
demographics (median values)*
Total Population
4148
Weekly Household Income
1218
Household Size
2.50
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.
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