Investment Property Preston, VIC, 3072

Suburb Snapshot

Preston is a suburb in the Darebin Region of Victoria. Preston has a population of 29,925 people and 35.88% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed 8.33% over the past year and changed 3.44% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.36%. Stock on the market for houses/townhouses has changed 1.23% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $375,000 and this has changed 1.35% over the past year. The average unit takes 148 days to sell and the median rent for a unit in Preston is $350 per week, producing a rental yield of 4.85%.
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Alpine - Ararat - Ballarat - Banyule - Bass Coast - Baw Baw - Bayside - Benalla - Boroondara - Brimbank - Buloke - Campaspe - Cardinia - Casey - Central Goldfields - Colac-Otway - Corangamite - Darebin - East Gippsland - Frankston - Gannawarra - Glen Eira - Glenelg - Golden Plains - Greater Bendigo - Greater Dandenong - Greater Geelong - Greater Shepparton - Hepburn - Hindmarsh - Hobsons Bay - Horsham - Hume - Indigo - Kingston - Knox - Latrobe - Loddon - Macedon Ranges - Manningham - Mansfield - Maribyrnong - Maroondah - Melbourne - Melton - Mildura - Mitchell - Moira - Monash - Moonee Valley - Moorabool - Moreland - Mornington Peninsula - Mount Alexander - Moyne - Murrindindi - Nillumbik - Northern Grampians - Port Phillip - Pyrenees - Queenscliffe - South Gippsland - Southern Grampians - Stonnington - Strathbogie - Surf Coast - Swan Hill - Towong - Unincorporated Vic - Wangaratta - Warrnambool - Wellington - West Wimmera - Whitehorse - Whittlesea - Wodonga - Wyndham - Yarra - Yarra Ranges - Yarriambiack
Supply & Demand in Preston, Darebin

2.06%

Current vacancy rate

226

Rental stock available

29,925

Population

35.88%

Rental population

2.43%

Current vacancy rate

1,253

Rental stock available

136,474

Population

35.11%

Rental population

1.84%

Current vacancy rate

35,737

Rental stock available

5,354,042

Population

26.51%

Rental population
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Statistical data for Preston, Darebin
  House Townhouses Units
Median listing price $650,000 $529,000 $375,000
Median price change - last quarter 4.83% 0.00% -1.19%
Median price change - 1 year 8.33% 6.01% 1.35%
Median price change -2 years 3.44% 3.95% -2.64%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.36% 4.12% 4.85%
Median rent change - 1 year 5.00% 2.43% 6.06%
  House Units
Previous month sales 24 6
Stock on market previous month 82 78
Stock variance vs. last year 1.23% 14.71%
Average days on market 57 148
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Preston investment property listings

Showing 5 of 210 investment properties found in Preston on realestateinvestar.com.au
702/9 High St, Preston
$375,000
property pic
1 bedroom + study with stamp duty savings!
CONSTRUCTION HAS COMMENCED. ACT NOW TO RECEIVE MAXIMUM STAMP DUTY SAVINGS!! 1 Bedroom, 1 Bathroom, 1 study plus car! This 1 bedroom apartment boasts a stunning scandinavian style kitchen with huge bench tops - all with stone tops. Complete with Blanco appliances and double pantry, this sized ...
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
210/9 High St, Preston
$465,000
property pic
Great 2 bedroom apartment with city views!
CONSTRUCTION DUE TO COMMENCE SOON. BUY NOW FOR MASSIVE STAMP DUTY SAVINGS! 2 Bedroom, 2 Bathroom, plus car! This 2 bedroom apartment with city views boasts a stunning scandinavian style wrap around kitchen with huge stone bench tops. Complete with Blanco appliances and double pantry, this sized ...
rei bathroom carspaces
 2  2  1
Unit
VIC 3072
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705/9 High St, Preston
$410,000
property pic
Top floor apartment with study area in Preston!
CONSTRUCTION HAS COMMENCED. ACT NOW TO RECEIVE MAXIMUM STAMP DUTY SAVINGS!! BUY NOW FOR MASSIVE STAMP DUTY SAVINGS! 1 Bedroom, 1 Bathroom, plus car! This east-facing 1 bedroom, 1 bathroom, 1 car plus study area apartment boasts a stunning scandinavian style wrap around kitchen with huge stone ...
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
703/9 High St, Preston
$375,000
property pic
One bedroom with a separate study in Preston!
CONSTRUCTION DUE TO COMMENCE SOON. BUY NOW FOR MASSIVE STAMP DUTY SAVINGS! 1 Bedroom, 1 Bathroom, separate study, plus car! This east-facing 1 bedroom, 1 bathroom, study and 1 car apartment boasts a stunning scandinavian style kitchen with huge bench tops plus an island bench - all with stone ...
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
Free Membership
301/9 High St, Preston
$465,000
property pic
Large Kitchen and Massive Stamp Duty Saving!
CONSTRUCTION HAS COMMENCED. ACT NOW TO RECEIVE MAXIMUM STAMP DUTY SAVINGS!! 2 Bedroom, 2 Bathroom, plus car! This east-facing 2 bedroom, 2 bathroom, 1 car apartment boasts a stunning scandinavian style kitchen with huge bench tops plus an island bench - all with stone tops. Complete with Blanco ...
rei bathroom carspaces
 2  2  1
Unit
VIC 3072
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