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 $680,000 and this has changed 13.33% 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 3.21%. Stock on the market for houses/townhouses has changed 19.18% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $378,500 and this has changed 0.93% over the past year. The average unit takes 154 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

2.05%

Current vacancy rate

225

Rental stock available

29,925

Population

35.88%

Rental population

2.45%

Current vacancy rate

1,263

Rental stock available

136,474

Population

35.11%

Rental population

1.93%

Current vacancy rate

37,487

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 $680,000 $549,000 $378,500
Median price change - last quarter 0.76% 4.60% 0.00%
Median price change - 1 year 13.33% 10.90% 0.93%
Median price change -2 years 3.44% 1.43% -1.32%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.21% 3.97% 4.80%
Median rent change - 1 year 5.00% 0.00% 2.94%
  House Units
Previous month sales 30 9
Stock on market previous month 87 57
Stock variance vs. last year 19.18% -19.72%
Average days on market 52 154
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Preston investment property listings

Showing 5 of 260 investment properties found in Preston on realestateinvestar.com.au
8/226 Gower St, Preston
$390,000
rei bathroom carspaces
 2  1  1
Townhouse
VIC 3072
property pic
Contemporary Living in Central Preston
Bringing contemporary living to one of the finest residential pockets in Melbourne's inner north, 8/226 Gower is a beautiful townhouse that showcases a two bedroom floorplan with own secure garage car parking and private gated entrance into the development. With cleverly considered spaces focusing ...
21A Ambon St, Preston
$615,000
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! ...
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218/100 Plenty Rd, Preston
$369,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
The Benefits Of A Thornbury Lifestyle With A Preston Address
Located for premium convenience and designed for the ultimate lock-up and go lifestyle, carefree living on the Preston/Thornbury border soars to new heights with this dream two-bedroom apartment. Set within the fashionable CENTVM apartment complex, downsizers, young couples and savvy investors ...
13 George St, Preston
$620,000
rei bathroom carspaces
 2  1  1
House
VIC 3072
property pic
Period Charm and Refined Style
Retaining its original character, this solid-brick classic has been transformed into a modern oasis of quality and class situated in an exclusive Preston West pocket with everything you need within easy reach. Filled with northerly light, the home's divine interior boasts two double bedrooms (both ...
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82 Cramer St, Preston
$1,800,000
rei bathroom carspaces
 4  2  8
House
VIC 3072
property pic
Space, Light, Comfort & Convenience In A Classical Setting
Be captivated by the elegance and romance of this meticulously maintained 1915's block fronted weatherboard home. Leadlight windows, timber fretwork, deep profiled skirting boards, multiple fireplaces and Baltic pine floors under 3.3 meter high pressed metal ceilings, painstakingly painted to ...
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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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