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 $640,000 and this has changed 6.66% over the past year and changed 5.26% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.41%. Stock on the market for houses/townhouses has changed -5.77% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $375,000 and this has changed -1.32% over the past year. The average unit takes 152 days to sell and the median rent for a unit in Preston is $345 per week, producing a rental yield of 4.78%.
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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

2.09%

Current vacancy rate

230

Rental stock available

29,925

Population

35.88%

Rental population

2.82%

Current vacancy rate

1,456

Rental stock available

136,474

Population

35.11%

Rental population

2.10%

Current vacancy rate

40,825

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 $640,000 $510,000 $375,000
Median price change - last quarter 4.83% 0.00% -1.19%
Median price change - 1 year 6.66% 2.20% -1.32%
Median price change -2 years 5.26% 6.17% 2.70%
  House Townhouses Units
Median weekly rent $420 $420 $345
Median yield % 3.41% 4.28% 4.78%
Median rent change - 1 year 5.00% 0.00% 2.98%
  House Units
Previous month sales 5 4
Stock on market previous month 49 69
Stock variance vs. last year -5.77% 16.95%
Average days on market 59 152
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Preston investment property listings

Showing 5 of 200 investment properties found in Preston on realestateinvestar.com.au
705/9 High St, Preston
$410,000
property pic
Top floor apartment with study area in Preston!
DISPLAY OPEN SATURDAY & SUNDAY, 11am - 1pm OR BY APPOINTMENT. CONSTRUCTION DUE TO COMMENCE SOON. BUY NOW FOR MASSIVE STAMP DUTY SAVINGS! 1 Bedroom, 1 Bathroom, plus car! This east-facing 1 bedroom, 1 bathroom, 1 car plus study area apartment boasts a stunning scandinavian style wrap around kitchen ...
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
301/9 High St, Preston
$465,000
property pic
Large Kitchen and Massive Stamp Duty Saving!
DISPLAY OPEN SATURDAY & SUNDAY, 11am - 1pm OR BY APPOINTMENT. CONSTRUCTION DUE TO COMMENCE SOON. BUY NOW FOR MASSIVE STAMP DUTY SAVINGS! 2 Bedroom, 2 Bathroom, plus car! This east-facing 2 bedroom, 2 bathroom, 1 car apartment boasts a stunning scandinavian style kitchen with huge bench tops plus ...
rei bathroom carspaces
 2  2  1
Unit
VIC 3072
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604/9 High St, Preston
$370,000
property pic
One bedroom with a separate study in Preston!
DISPLAY OPEN SATURDAY & SUNDAY, 11am - 1pm OR BY APPOINTMENT. CONSTRUCTION DUE TO COMMENCE SOON. BUY NOW FOR MASSIVE STAMP DUTY SAVINGS! 1 Bedroom, 1 Bathroom, separate study, plus car! This east-facing 1 bedroom, 1 bathroom, study and 1 car apartment boasts a stunning scandinavian style kitchen ...
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
11/11-13 Cooma St, Preston
$189,000
property pic
The Smart, Affordable, Position Perfect Start
There are so many great reasons why now is the best time to invest in real estate and this very appealing apartment perfectly fits the bill. Strong growth figures and record low interest rates see Preston continuing its high performance trajectory so now's your opportunity to ride the wave towards ...
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
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405/50-56 High St, Preston
$350,000
property pic
Perfect Lifestyle Living
Larger than usual plus a big balcony provides the ideal place for living or as investors. Positioned on level four making it light and bright throughout the apartment. Offering a vast open plan living/kitchen and dining area with a built in study nook, modern bathroom, two bedrooms with BIRs. The ...
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
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