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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 5 of 192 investment properties found in Preston on realestateinvestar.com.au

106/277 Raglan St, Preston

$470,000

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Expressions of Interest Closing Tuesday 2 December at 5:00pm

Lifestyle, location and a lavish entertainer's balcony Enjoying a clean, contemporary aesthetic in the buzzing heart of Preston, this beautifully finished apartment boasts a modern light-filled layout with the rare bonus of a huge sun-soaked alfresco balcony. Stroll to shopping, transport or High ...

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Unit

VIC 3072


12 Grandview Rd, Preston

$1,150,000

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Impressive Family Living in a Prime Preston Setting

Expressions of Interest Closing Tuesday 2nd December at 5pm (Unless Sold Prior) Beautifully maintained and solidly built, this freestanding brick home delivers generous family space, enduring quality and an enviable lifestyle in one of Preston's most sought-after pockets. Light-filled and ...

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House

VIC 3072


12A Roseberry Ave, Preston

$1,200,000

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Spacious, stylish, with a sunny rear aspect

Desirably designed, offering modern ease and family flexibility, this inviting residence's proximity to Preston Market, Plenty Road tram routes and trains from Preston station enhances an address that's also significantly advantaged by Preston High School and Preston Primary School zoning. Living ...

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Townhouse

VIC 3072


104/2 Plenty Rd, Preston

$420,000

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Trendy carefree living

This sensational apartment has been stylishly designed to deliver a carefree and convenient lifestyle for the busy professional, with its free-flowing design and incredible position right on the doorstep of Plenty Road, with trendy cafes and bars, Preston South Shopping, trains and the tram just ...

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Unit

VIC 3072


19 Tasman St, Preston

$1,400,000

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Perfect family living in a prime preston location

Step inside this timeless red clinker brick classic and feel instantly at home. With its terracotta tile roof, high ceilings, decorative cornices, polished timber floors and inviting open fireplace, this property captures the elegance of a bygone era while offering all the comforts of modern ...

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House

VIC 3072


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