Prestons has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.59% to date .
If we look at median property appreciation over just the last three months, Prestons has given property investors a paper return of 0.75%. This puts Suburb as 958 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Prestons is giving property investors an average Vendor Discount of around -5.52%. This puts suburb at number 520th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Prestons the average time real estate has been on the market is 70.24 days.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Prestons has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.28% to date .
Across a shorter period, Prestons, 2170 has seen a median price increase of 0.92% over the last quarter.
With the median price for a house in Prestons being $550000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.54%