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Investment Property Preston, VIC, 3072

227 investment properties found in Preston on

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 $600,000 and this has changed 9.09% over the past year and changed 0.00% over 2 years.

The median rent in Preston for houses is $400 per week and the median rental yield is 3.46%. Stock on the market for houses/townhouses has changed -12.00% compared to last year and the average time to sell a house/townhouse is 51 days.The median listing price for units is $380,000 and this has changed 2.70% over the past year. The average unit takes 111 days to sell and the median rent for a unit in Preston is $340 per week, producing a rental yield of 4.65%.

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  Suburb Region State
  Preston Darebin Victoria
Current vacancy rate 2.12% 2.51% 1.94%
Rental stock available 233 1,295 37,730
Population 29,925 136,474 5,354,042
Rental population 35.88% 35.11% 26.51%
  House Townhouses Units
Median listing price $600,000 $500,000 $380,000
Median price change - last quarter 3.44% 2.45% 0.00%
Median price change - 1 year 9.09% 8.69% 2.70%
Median price change -2 years 0.00% -1.08% 2.77%
  House Townhouses Units
Median weekly rent $400 $420 $340
Median yield % 3.46% 4.36% 4.65%
Median rent change - 1 year 2.56% -2.33% 3.03%
  House Units
Previous month sales 23 13
Stock on market previous month 88 70
Stock variance vs. last year -12.00% 45.83%
Average days on market 51 111

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Preston investment property listings

Showing 5 of 227 investment properties found in Preston on
69 Beauchamp Street, PRESTON
property pic
Period Beauty In Prime Preston Locale

Showcasing impeccable attention to detail this beautifully renovated three bedroom Californian Bungalow boasts a multi-purpose automated garage/studio with kitchenette and bathroom delivering excellent work from home potential. Period features comprise polished floorboards, high ceilings, original ...
 3  2  2
VIC 3072

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1 Hawker Ave, PRESTON
property pic

On a substantial block of land with city view potential, this classic 1940s home is primed for a value-adding renovation/extension or exciting redevelopment opportunity (STCA). Well-presented interior currently offers three generous bedrooms and central bathroom, spacious lounge, separate dining ...
 3  1  2
VIC 3072

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26A Scotia St, PRESTON
property pic

South of Bell Street in one of the area's most attractive streets finds this near-new two-level 3BR residence offering an impressive high-quality, low-maintenance lifestyle opportunity. Beyond its Californian-inspired facade, the home's versatile design includes two upstairs bedrooms (large master ...
 3  2  2
VIC 3072

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2A Grampian St, PRESTON
property pic

Surrounded by established gardens on a wide block of land, this freestanding clinker-brick classic is sure to impress with its period details, tasteful renovations and versatile design. Built in 1946 and retaining all its authentic charm, the home's gorgeous interior highlights three generous ...
 3  1  2
VIC 3072

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3/9 Grampian St, PRESTON
property pic

Spacious, stylish and very private, this unique rear villa (one of only three on the block) makes an ideal first home or quality addition to any property portfolio. Situated in a highly-prized West Preston neighbourhood, the home's quality interior comprises two generous bedrooms (both with robes) ...
 2  1  1
VIC 3072