NSW has seen average median house prices change by 7.93% which means that Prestons, 2170 has done well for property investors by showing a capital gain of 11.92% over the last year
Taking the average capital gain, or increase in median house value, Prestons,2170 has racked up an average of 11.92% over the period. This ranks it number 583th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Prestons are currently offering property investors an average price cut of -5.02% below the asking price at the moment.
Situated 32.90km from the CBD, Prestons is one of Liverpool localities in the postcode 2170.
Giving property investors a a stable capital gain of 9.96% for the last year, Prestons, 2170 is the 419th highest performer in Australia in this respect.
Comparing Prestons,2170 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 6.13%, investors should hope to achieve an overall return of 4.71%