NSW has seen average median house prices change by 11.06% which means that Prestons, 2170 has done well for property investors by showing a capital gain of 8.01% over the last year
A 65.13% growth in median value for property investors in Prestons,2170 puts this suburb at number 397th in terms of best performing suburbs in NSW
Property buyers and investors in Prestons 2170 should be seeing an average reduction in asking price of around -5.43% . This means that Prestons is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $545 and the average annual increase in value of a median property of 6.87%, investors should hope to achieve an overall return of 3.59%
With a capital gain of 6.70% for the last 12 months, Prestons, 2170 has performed for property investments than its average annual 7.35% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Prestons comes in at number 196th in NSW.
Our latest figures would indicate that property sellers in Prestons are currently offering property investors an average price cut of -7.04% below the asking price at the moment.
The NSW suburb of Prestons, 2170 is in the Liverpool local government area.