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 11.66% 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 3.25%. Stock on the market for houses/townhouses has changed -20.75% compared to last year and the average time to sell a house/townhouse is 51 days.The median listing price for units is $378,000 and this has changed 0.80% 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 4.81%.

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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

2.01%

Current vacancy rate

221

Rental stock available

29,925

Population

35.88%

Rental population

2.30%

Current vacancy rate

1,188

Rental stock available

136,474

Population

35.11%

Rental population

1.85%

Current vacancy rate

35,987

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 $539,000 $378,000
Median price change - last quarter 0.76% 4.60% 0.00%
Median price change - 1 year 11.66% 8.45% 0.80%
Median price change -2 years 3.44% 1.84% -1.32%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.25% 4.05% 4.81%
Median rent change - 1 year 5.00% 0.00% 4.47%
  House Units
Previous month sales 25 7
Stock on market previous month 84 68
Stock variance vs. last year -20.75% -2.86%
Average days on market 51 148
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Preston investment property listings

Showing 5 of 245 investment properties found in Preston on realestateinvestar.com.au
82 Roseberry Ave, Preston
$950,000
rei bathroom carspaces
 3  1  2
House
VIC 3072
property pic
Victorian Delight
Literally a stone throw away from High Street, shops, cafes and Preston Market, this Victorian inspired weather board residents boosting 3 bedrooms, 1 bathroom, 1 Carpark and laundry, spacious open-plan living/dining area and adjoining timber-cabinet kitchen. Features include gas heating, high ...
502/100 Plenty Rd, Preston
$389,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
Plenty To Love About This Modern Glamour!
What better way to enter desirable Preston either as an owner-occupier or investor than with this modern two-bedroom apartment, brilliantly located on the footsteps of the popular High St strip right on the Thornbury fringe. As the future occupant of this stylish abode, enjoy the convenience of ...
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21A Ambon St, Preston
$560,000
rei bathroom carspaces
 3  1  2
Townhouse
VIC 3072
property pic
Contemporary Living in a Premium Location!
When it comes to style, modern comfort and presentation, this dream three-bedroom double storey house has few equals. Its location is also second to none, thanks to its walking distance access to Preston East Primary School, scenic Sullivan Park, Summerhill and Northland Shopping/caf precinct! ...
38 Wilcox St, Preston
$1,009,500
rei bathroom carspaces
 4  2  1
House
VIC 3072
property pic
Californian Charm with Extended Style
Beyond its picket-fenced garden and gorgeous facade, this captivating home delivers a fine family lifestyle of quality and versatility ideally situated in a sought-after Preston pocket with easy access to shops, parks and a variety of public transport options. First-class features throughout, the ...
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101/7 Warrs Ave, Preston
$435,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
Life Style In The Heart of Preston
Established brand new apartment comprising of two good sized bedrooms (92 sqm, one with WIR), large kitchen/meals area, separate laundry, one bathroom, spacious living area and balcony with great lighting. Other features include split system air conditioning, brand new dish wash / fridge, secure ...
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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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