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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 $1,050,000 and this has changed -4.55% over the past year and changed 0.00% over 2 years.

The median rent in Preston for houses is $600 per week and the median rental yield is 2.97%. Stock on the market for houses/townhouses has changed -3.31% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $470,000 and this has changed 6.81% over the past year. The average unit takes 107 days to sell and the median rent for a unit in Preston is $450 per week, producing a rental yield of 4.97%.

Supply & Demand in Preston, Darebin

0.89%

Current vacancy rate


155

Rental stock available


32,851

Population


34.51%

Rental population


0.92%

Current vacancy rate


610

Rental stock available


146,723

Population


33.59%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Preston, Darebin

  House Townhouses Units
Median listing price $1,050,000 $690,000 $470,000
Median price change - last quarter -4.55% -0.65% 5.55%
Median price change - 1 year -4.55% -1.43% 6.81%
Median price change - 2 years 0.00% -1.43% 4.44%
  House Townhouses Units
Median weekly rent $600 $600 $450
Median yield % 2.97% 4.52% 4.97%
Median rent change - 1 year 0.84% 3.44% 2.27%
  House Units
Previous month sales 37 30
Stock on market previous month 117 141
Stock variance vs. last year -3.31% 12.80%
Average days on market 61 107

Preston investment property listings

Showing 3 of 3 investment properties found in Preston on realestateinvestar.com.au

N/A, Preston

$849,900

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Stunning Modern Apartment in Prime Preston Location - Perfect fo

Experience elevated modern apartment living in the heart of Coburg, one of Melbourne's most vibrant and connected inner-north suburbs. This thoughtfully designed residential development offers a refined lifestyle, blending premium finishes, intelligent layouts, and exceptional accessibility just ...

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Unit

VIC 3072


35B Madeline St, Preston

$1,400,000

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AUCTION SATURDAY 18TH OF APRIL AT 10:00AM

**PLEASE ENJOY A FULL UNCUT PROPERTY TOUR PRESENTED BY ADRIANO PERSICHETTI** "Some homes are built to code. This one is built to a different standard altogether - where every material, every finish, and every system was chosen to last, to perform and to impress" - from the owner. Introducing 35B ...

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House

VIC 3072


23 Pleasant View Dr, Preston

$1,600,000

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Spacious Family Sanctuary in a Premier Preston Pocket

Expertly designed to maximise natural light and effortless family living, this contemporary two-storey residence offers a perfect blend of style, comfort, and privacy. From the warm timber floors to the sun-drenched interiors, every corner of this home has been curated for a modern lifestyle. The ...

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House

VIC 3072


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