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 $600,000 and this has changed 2.56% over the past year and changed 6.36% over 2 years.

The median rent in Preston for houses is $400 per week and the median rental yield is 3.46%. Stock on the market for houses/townhouses has changed 3.00% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $375,000 and this has changed -1.32% over the past year. The average unit takes 138 days to sell and the median rent for a unit in Preston is $340 per week, producing a rental yield of 4.71%.
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Supply & Demand in Preston, Darebin

1.63%

Current vacancy rate

179

Rental stock available

29,925

Population

35.88%

Rental population

1.98%

Current vacancy rate

1,023

Rental stock available

136,474

Population

35.11%

Rental population

1.79%

Current vacancy rate

34,881

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 $600,000 $495,000 $375,000
Median price change - last quarter 0.00% 0.00% -2.64%
Median price change - 1 year 2.56% 1.43% -1.32%
Median price change -2 years 6.36% 8.44% 5.99%
  House Townhouses Units
Median weekly rent $400 $420 $340
Median yield % 3.46% 4.41% 4.71%
Median rent change - 1 year 0.00% 0.00% 0.00%
  House Units
Previous month sales 55 13
Stock on market previous month 103 76
Stock variance vs. last year 3.00% 13.43%
Average days on market 55 138
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Preston investment property listings

Showing 5 of 244 investment properties found in Preston on realestateinvestar.com.au
22/14 Hodson St, Preston
$435,000
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A Statement In Style, Space & Substance...
Bathed in natural light and striking with its grand proportions, this magnificent elevated 2 bedroom corner apartment has all the contemporary elements to create a wonderful home, in this premier street and tightly held secure development named Hodson Manor. Beautifully finished and enjoying a ...
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 2  1  1
Unit
VIC 3072
1 & 2 / 39 Goldsmith Ave, PRESTON
$800,000
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LUXURY, SPACE AND A SOUGHT-AFTER LOCATION
Sure to impress with its expansive floorplan and top-quality features throughout, this sensational new home offers a ready-to-enjoy family-sized lifestyle close to schools, shops and public transport. Bathed in natural light, the home's stunning interior comprises three upstairs bedrooms (large ...
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 3  2  2
House
VIC 3072
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311/100 Plenty Rd, PRESTON
$325,000
property pic
Sale By Fixed Date Closing Tue 4th Aug at 6pm (unless sold prior
Modern CENTVM Gem a Stone's Throw to the Action! With an enviable location on the Thornbury/Preston border, and with dashes of fantastic modern flair, this 2 bedroom apartment in the CENTVM complex is a genuine delight. Simply perfect for first home buyers or young professionals looking for a ...
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Unit
VIC 3072
4 Calbourne St, PRESTON
$600,000
property pic
Start Right in the Right Locale, On The Thornbury Fringe
In a privileged position just a stone's throw from the Thornbury border and offering easy access to Miller Street shops and city bound Gilbert Road tram, this two bedroom home makes an ideal investment or first home. A spacious floor plan is enhanced with high decorative ceilings and comprises two ...
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rei bathroom carspaces
 2  1  1
House
VIC 3072
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517 Gilbert Rd, PRESTON
$480,000
property pic
Modern Design In A Premier Locale
Highlighted by low maintenance living and a premier location, this townhouse will bring out the entertainer in you with its large terrace balcony and indoor/outdoor appeal. Downstairs comprises of two large bedrooms with built-in-robes, master with ensuite, vogue central bathroom, European laundry ...
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Townhouse
VIC 3072
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