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 $660,000 and this has changed 3.12% over the past year and changed 6.66% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.30%. Stock on the market for houses/townhouses has changed -4.17% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $380,000 and this has changed 1.33% over the past year. The average unit takes 188 days to sell and the median rent for a unit in Preston is $350 per week, producing a rental yield of 4.78%.

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List of suburbs in Darebin
Alphington - Bundoora - Fairfield - Kingsbury - Macleod - Northcote - Preston - Reservoir - Thornbury
List of regions in Victoria
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

2.26%

Current vacancy rate

248

Rental stock available

29,925

Population

35.88%

Rental population

2.68%

Current vacancy rate

1,384

Rental stock available

136,474

Population

35.11%

Rental population

2.05%

Current vacancy rate

39,787

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 $660,000 $550,000 $380,000
Median price change - last quarter -1.50% 0.00% 0.26%
Median price change - 1 year 3.12% 10.00% 1.33%
Median price change -2 years 6.66% 0.90% -1.06%
  House Townhouses Units
Median weekly rent $420 $430 $350
Median yield % 3.30% 4.06% 4.78%
Median rent change - 1 year 0.00% 2.38% 1.44%
  House Units
Previous month sales 5 4
Stock on market previous month 46 63
Stock variance vs. last year -4.17% -12.50%
Average days on market 71 188
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Preston investment property listings

Showing 5 of 237 investment properties found in Preston on realestateinvestar.com.au
5 Kendall St, Preston
$1,200,000
rei bathroom carspaces
 3  2  1
House
VIC 3072
property pic
Art Deco Charmer in Prestigious Location
Superbly positioned in the highly sort after, true Preston West and South of Bell St pocket, and amongst some of Preston's most desirable period homes, this fully restored and meticulously renovated Art Deco home ensures an exceptional modern family lifestyle in a location to dream about. This ...
4 Rayner Court, Preston
$850,000
rei bathroom carspaces
 4  2  2
House
VIC 3072
property pic
Primed For Family Living
Positioned in a quiet court, in a sought-after pocket of West Preston, this property has plenty to discover. Only minutes away to tram and bus services, as well as being nearby to cafes, schools, and shops. Spread out over 2 levels, the ground floor accommodates one of the bedrooms, a spacious ...
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198 Raglan St, Preston
$760,000
rei bathroom carspaces
 2  2  1
House
VIC 3072
property pic
Distinctive Art Deco with Sleek Modern Style
Well south of Bell Street, this solid-brick showpiece presents a captivating mix of period style and contemporary class in a prized Preston location backing onto the wide open spaces of Cochrane Reserve. Meticulous attention to detail, the home's tastefully renovated interior boasts two bedrooms ...
7/285-289 Bell St, Preston
$530,000
rei bathroom carspaces
 3  2  2
Townhouse
VIC 3072
property pic
Exceptional Style in the Heart of Preston
Across three spacious levels, this contemporary townhouse offers an impressively versatile and well-appointed environment ideal for professionals and investors alike in a central location with every Preston advantage at your fingertips. Bathed in natural light, the home's flexible floorplan ...
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43 May St, Preston
$700,000
rei bathroom carspaces
 2  1  2
House
VIC 3072
property pic
Period charm, position, potential
A blank canvas for imaginative renovators! This classic clinker brick 1940s residence offers comfortable living with unlimited scope for improvement and extension (STCA) in a prime neighbourhood of renovated homes close to Gilbert Road cafes and tram, Regent Station, schools and parks. On a deep ...
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More suburbs in the Darebin region
List of suburbs in Darebin
Alphington - Bundoora - Fairfield - Kingsbury - Macleod - Northcote - Preston - Reservoir - Thornbury
More regions in Victoria

Address

40 Commercial Drive, Ashmore, 4214, Qld Phone: 1300 737 782

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