Download your FREE reports now!

Investment Property Preston, VIC, 3072

Suburb Snapshot

Preston is a suburb in the Darebin Region of Victoria. Preston has a population of 32,851 people and 34.51% of its occupants live in rental accommodation. The median listing price for houses is $900,000 and this has changed 36.36% over the past year and changed 3.12% over 2 years.

The median rent in Preston for houses is $460 per week and the median rental yield is 2.65%. Stock on the market for houses/townhouses has changed 20.00% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $409,000 and this has changed 7.63% over the past year. The average unit takes 163 days to sell and the median rent for a unit in Preston is $370 per week, producing a rental yield of 4.70%.

Supply & Demand in Preston, Darebin

1.79%

Current vacancy rate


255

Rental stock available


32,851

Population


34.51%

Rental population


1.67%

Current vacancy rate


1,058

Rental stock available


146,723

Population


33.59%

Rental population


1.30%

Current vacancy rate


32,832

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by www.realestateinvestar.com.au - The online home for property investors

Statistical data for Preston, Darebin

  House Townhouses Units
Median listing price $900,000 $649,000 $409,000
Median price change - last quarter 11.11% 1.56% 3.03%
Median price change - 1 year 36.36% 18.00% 7.63%
Median price change -2 years 3.12% 10.00% 0.26%
  House Townhouses Units
Median weekly rent $460 $460 $370
Median yield % 2.65% 3.68% 4.70%
Median rent change - 1 year 9.52% 6.97% 5.71%
  House Units
Previous month sales 7 5
Stock on market previous month 66 62
Stock variance vs. last year 20.00% -1.59%
Average days on market 84 163

Preston investment property listings

Showing 5 of 251 investment properties found in Preston on realestateinvestar.com.au

19 Gilbert Rd, Preston

$1,312,500

property pic

Village Vibes

Zoned C1Z (Commercial 1) with excellent exposure in Miller Street Village, this enticing commercial investment opportunity is currently occupied by a long standing secure tenant and leased until 21/10/2023 at $26,620 per year with a 5% upward review. - Floor area 136sqm and land 213sqm ...

Get more info on this property
rei

1

rei

1

rei

2

House

VIC 3072


9 Wymbir Ave, Preston

$997,500

property pic

Land of Opportunity

Set on an enormous block of approximately 890sqm, this original brick home provides functional family living along with outstanding opportunities for those looking to rebuild or redevelop (STCA). - Land size of approximately 890sqm - Original brick home provides functional family living - ...

Get more info on this property
rei

3

rei

1

rei

2

House

VIC 3072


234 Murray Rd, Preston

$1,115,000

property pic

Matz Mori

Presiding over approximately 392sqm with an optimal northerly rear aspect, 'Matz Mori' is a double fronted period home retaining elegant original detail melded with more contemporary open living. Preston Market, transport and High Street are moments away. - Flowing open living/dining with French ...

Get more info on this property
rei

4

rei

1

rei

2

House

VIC 3072


G03/161-187 High St, Preston

$537,000

property pic

This 2 bed, 1 bath, apartment has many appealing lifestyle featu

This apartment features an innovative floor plan with a spacious living area opening onto an attractive balcony. The master bedroom has a luxurious amount of space and features large built in robes. The apartment's large kitchen and designated dining area create opportunities for entertaining. The ...

Get more info on this property
rei

2

rei

1

rei

0

Unit

VIC 3072


314/161-187 High St, Preston

$583,500

property pic

Spacious 2 bed, 2 bath, apartment with a car park.

Attractive floor plan details include an innovative use of space which creates room for a two and three seater couch in the living room. Ample bench space in the kitchen also provides space for a breakfast bar to complement the designated dining area. The living room looks through floor to ceiling ...

Get more info on this property
rei

2

rei

2

rei

1

Unit

VIC 3072


Navigate to more Suburbs, Regions or States