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 $670,000 and this has changed 4.76% over the past year and changed 6.58% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.25%. Stock on the market for houses/townhouses has changed -11.76% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $379,000 and this has changed 1.06% over the past year. The average unit takes 183 days to sell and the median rent for a unit in Preston is $350 per week, producing a rental yield of 4.80%.

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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

2.36%

Current vacancy rate

259

Rental stock available

29,925

Population

35.88%

Rental population

2.72%

Current vacancy rate

1,406

Rental stock available

136,474

Population

35.11%

Rental population

2.09%

Current vacancy rate

40,675

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 $670,000 $550,000 $379,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 4.76% 10.00% 1.06%
Median price change -2 years 6.58% 0.20% -1.32%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.25% 3.97% 4.80%
Median rent change - 1 year 0.00% 0.00% 2.94%
  House Units
Previous month sales 32 14
Stock on market previous month 90 81
Stock variance vs. last year -11.76% 0.00%
Average days on market 68 183
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Preston investment property listings

Showing 5 of 290 investment properties found in Preston on realestateinvestar.com.au
98 & 100 St Georges Rd, Preston
$2,450,000
rei bathroom carspaces
 6  2  4
House
VIC 3072
property pic
Primed For Redevelopment (STCA)
A land offering of 1136m2 approx. compromising of two homes on separate titles (to be offered as one). In this prime central Preston location, is zoned RGZ1 Residential growth zone. Within easy proximity to Preston Market (Currently earmarked for its own redevelopment), Preston station, Melbourne ...
5 Kendall St, Preston
$1,275,000
rei bathroom carspaces
 3  2  1
House
VIC 3072
property pic
Deco Decadence
Quietly nestled near the Thornbury border, this three bedroom plus studio corner beauty has been painstakingly restored and modernized to satisfy the most discerning family. Art Deco splendor is illustrated with rounded windows, soaring decorative ceilings and plate/picture rails, cohesively ...
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185 Gilbert Rd, Preston
$670,000
rei bathroom carspaces
 3  1  1
House
VIC 3072
property pic
Elegant Revelation
Stylishly transformed, this elevated three-bedroom home near the Thornbury border showcases impressive spaces, modern inclusions and an entertainer's deck. Open the door to immediately inspiring high ceilings and a wide hall, introducing the excellent proportions found throughout. An open living, ...
6 Lovelace St, Preston
$585,000
rei bathroom carspaces
 3  1  1
House
VIC 3072
property pic
The place to weave your magic
A prime opportunity to enter the market in increasingly desired Preston, this three bedroom home on 498sqm (approx) has so much scope for buyers with vision. Offering big bedrooms and a substantial rear lawn, it's close to parks, transport, shops, cinemas and schools. - Slightly elevated home with ...
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60 Rene St, Preston
$1,080,000
rei bathroom carspaces
 5  2  2
House
VIC 3072
property pic
A Stylishly Spacious Showpiece
Paying homage to the grand proportions and elegant charm of a bygone era, this superb five bedroom plus studio showpiece boasts expansive living over two graceful levels. Enviably positioned to transport, parks, schools, major shopping and Preston Market. - Stylish informal living with gas ...
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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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