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 $660,000 and this has changed 10.00% over the past year and changed 0.00% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.30%. Stock on the market for houses/townhouses has changed -2.56% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $379,000 and this has changed 0.00% 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

1.93%

Current vacancy rate

212

Rental stock available

29,925

Population

35.88%

Rental population

2.34%

Current vacancy rate

1,207

Rental stock available

136,474

Population

35.11%

Rental population

1.89%

Current vacancy rate

36,834

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 $660,000 $550,000 $379,000
Median price change - last quarter 2.68% 5.66% 0.00%
Median price change - 1 year 10.00% 10.22% 0.00%
Median price change -2 years 0.00% 1.62% -0.27%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.30% 3.97% 4.80%
Median rent change - 1 year 0.00% 0.00% 2.94%
  House Units
Previous month sales 28 13
Stock on market previous month 76 65
Stock variance vs. last year -2.56% -14.47%
Average days on market 57 154
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Preston investment property listings

Showing 5 of 277 investment properties found in Preston on realestateinvestar.com.au
215/388 Murray Rd, Preston
$360,000
rei bathroom carspaces
 2  2  1
Unit
VIC 3072
property pic
Seductive space, sensational location
A true winner in fabulous first home living or making the most of your investment dollar, this BRAND NEW second-floor two bedroom apartment boasts leafy outlooks over the development's own outstanding courtyard and contemporary finishes. Placed in a location to love, casually stroll to Preston ...
2 Eggleton Court, Preston
$970,000
rei bathroom carspaces
 3  1  2
House
VIC 3072
property pic
Move Straight In And Live Happily Ever After
Graceful and elegant in character and pristine in its presentation, why settle for second best when you can own this first-class residence in a sought-after location. As the future occupant of this strong and solid-built home, you'll delight in the seamless access to Northland Shopping Centre and ...
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2/94 Wood St, Preston
$510,000
rei bathroom carspaces
 2  1  1
Townhouse
VIC 3072
property pic
Architecturally-Designed Glamour!
Hidden in a trendy residential block on the footsteps of Northland Shopping Centre and the scenic Darebin Creek Trail, privacy coupled with a superior level of convenience defines this architecturally-designed Townhouse that's the epitome of stylish, low maintenance living. City commuters will be ...
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 ...
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22/2 Arthur St, Preston
$339,500
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
property pic
Stylish, Secure and Central
Location perfection! Walking distance to High Street cafes, shops and Preston Market, this top-floor Sanctuary apartment presents an idyllic inner-urban lifestyle/investment opportunity with its spacious design, quality features and private surrounds. Oversized interior comprises one extra-large ...
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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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