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 $700,000 and this has changed 7.69% over the past year and changed 8.33% over 2 years.

The median rent in Preston for houses is $430 per week and the median rental yield is 3.19%. Stock on the market for houses/townhouses has changed 31.17% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $383,000 and this has changed 1.05% over the past year. The average unit takes 207 days to sell and the median rent for a unit in Preston is $360 per week, producing a rental yield of 4.88%.

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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

2.30%

Current vacancy rate

252

Rental stock available

29,925

Population

35.88%

Rental population

2.31%

Current vacancy rate

1,192

Rental stock available

136,474

Population

35.11%

Rental population

1.81%

Current vacancy rate

35,268

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 $700,000 $552,500 $383,000
Median price change - last quarter -1.50% 0.00% 0.26%
Median price change - 1 year 7.69% 6.35% 1.05%
Median price change -2 years 8.33% 4.10% 2.43%
  House Townhouses Units
Median weekly rent $430 $430 $360
Median yield % 3.19% 4.04% 4.88%
Median rent change - 1 year 2.38% 2.38% 4.34%
  House Units
Previous month sales 37 9
Stock on market previous month 101 69
Stock variance vs. last year 31.17% -16.87%
Average days on market 77 207
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Preston investment property listings

Showing 5 of 287 investment properties found in Preston on realestateinvestar.com.au
255 Gilbert Rd, Preston
$1,000,000
rei bathroom carspaces
 4  1  2
House
VIC 3072
property pic
CLASSIC DECO DESIGN, SPACIOUS ON LARGE LAND
This handsome 1930s residence offers comfortable living now with outstanding scope to renovate and extend, on a magnificent block (760m2 approx) close to public transport, schools, shopping centres and parks. Featuring polished timber architraves, decorative ceilings, leadlights and original ...
118 Wood St, Preston
$950,000
rei bathroom carspaces
 3  2  2
House
VIC 3072
property pic
Californian Profile with Proportions and Possibilities.
An allotment of some 670m2 surrounds this charismatic Californian, enhancing its significant appeal as a family address and complementing its outstanding scope for expanding, further updating or sub-dividing, if so desired, STCA. A generous lounge and separate kitchen/meals area, each featuring ...
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3 Carthew Grove, Preston
$900,000
rei bathroom carspaces
 4  1  2
House
VIC 3072
property pic
California classic, top position, large land
This classic bow-windowed 1930s residence with period detail & modern improvements offers comfortable living with wonderful potential to extend (STCA) on large land, close to Village cafes, tram and train services, schools and the Preston Market. A versatile floor plan comprises four double ...
205/100 Plenty Rd, Preston
$360,000
rei bathroom carspaces
 2  1  1
House
VIC 3072
property pic
Spacious Surprise on the Thornbury/Preston border
With an enviable location and with dashes of fantastic modern flair, this 2 bedroom apartment is a genuine delight. Simply perfect for first home buyers or young professionals looking for a convenient inner city location, or investors after a high yield rental prospect, this 2nd floor retreat ...
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110 Raglan St, Preston
$680,000
rei bathroom carspaces
 3  2  2
Townhouse
VIC 3072
property pic
Perfect Location and Low-Maintenance Style
Modern living at its best, this two-level home provides an outstanding environment of quality and class as well as enjoying all the lifestyle benefits of its desirable south-of-Bell Street location. As-new interior comprises two main upstairs bedrooms (large master with WIR) and two full bathrooms ...
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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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