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 0.00% over the past year and changed 9.09% over 2 years.

The median rent in Preston for houses is $410 per week and the median rental yield is 3.55%. Stock on the market for houses/townhouses has changed -19.32% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $375,000 and this has changed -1.32% over the past year. The average unit takes 144 days to sell and the median rent for a unit in Preston is $335 per week, producing a rental yield of 4.64%.
Learn how powerful, easy to use tools can help you find your next investment property
Complete the Survey and WIN

Looking for discounted property in Preston?
Get 9 free reports worth $891 to find the suburbs with highest % of distressed listings.

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

2.13%

Current vacancy rate

234

Rental stock available

29,925

Population

35.88%

Rental population

2.38%

Current vacancy rate

1,229

Rental stock available

136,474

Population

35.11%

Rental population

1.99%

Current vacancy rate

38,615

Rental stock available

5,354,042

Population

26.51%

Rental population
This is information is brought to you by www.realestateinvestar.com.au - The online home for property investors
Statistical data for Preston, Darebin
  House Townhouses Units
Median listing price $600,000 $499,000 $375,000
Median price change - last quarter 0.00% -0.81% 1.35%
Median price change - 1 year 0.00% 1.83% -1.32%
Median price change -2 years 9.09% 8.88% 5.55%
  House Townhouses Units
Median weekly rent $410 $420 $335
Median yield % 3.55% 4.37% 4.64%
Median rent change - 1 year 2.50% 0.00% -1.48%
  House Units
Previous month sales 16 6
Stock on market previous month 71 77
Stock variance vs. last year -19.32% 18.46%
Average days on market 53 144
Share this page with your friends:

Preston investment property listings

Showing 5 of 239 investment properties found in Preston on realestateinvestar.com.au
388 Murray Rd, PRESTON
$385,000
property pic
VISIT OUR DISPLAY APARTMENT AT MURRAY ROAD
OVER 75% SOLD BUY NOW AND SECURE STAMP DUTY SAVINGS ONE OF THE VERY FEW APARTMENT DEVELOPMENTS WITH GAS APPLIANCES & GAS HOT WATER. ????? ??? ???????,????????????,???????? ??: cctvau1 ??:0430 585 163 - Spacious, stylish apartments up to 135sqm - 9km from CBD - Sensational city skyline views (South ...
Get unlimited access to more listings in Preston
rei bathroom carspaces
 2  2  1
Unit
VIC 3072
8/2A Hawker Ave, PRESTON
$220,000
property pic
A Sparkling Apartment
This first floor apartment is definitely the perfect step into the property market or a sound investment property. Situated in Preston on the Plenty Road 86 Tram line, access to universities (La Trobe/RMIT), and the CBD are at your doorstep. Being refurbished the apartment immediately grabs you ...
Get unlimited access to more listings in Preston
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
Claim Your 9 Free Suburb Performance Reports Valued At $891 Now
  • Renovation / distressed price reports: Targeting areas with distressed vendor / renovation listings that can lead to instant equity gains
  • Fastest/slowest time to sell reports – Helping you identify suburbs experiencing strong or weak buyer demand
  • Biggest median price gap report: Find the best suburbs for buying low, adding value and selling high
  • Biggest increase in population / household income reports: Identifying drivers of high capital growth suburbs
  • Biggest increase / decrease in stock on market reports: Understanding changes in total suburb sales listings is vital

*By downloading the reports, you agree to receive occasional property investing emails from Real Estate Investar. You can unsubscribe from these free services at any time and your data will not be shared with any other third party.
2/90 Raglan St, PRESTON
$450,000
property pic
Brand new, built with style
This masterbuilt residence, 1 of a boutique block of only 3, offers effortless living on the Thornbury border, close to transport and major facilities. Zoned for maximum privacy and natural light, it comprises two double bedrooms (BIRs), a spacious living/dining area open to custom kitchen with ...
Get unlimited access to more listings in Preston
rei bathroom carspaces
 2  1  1
Townhouse
VIC 3072
272 Tyler St, Preston
$810,000
property pic
ELEVATED VICTORIAN SHOWPIECE
Meticulously restored and renovated, this grand period home presents a lifestyle of quality and versatility on a substantial block of land complete with city skyline views. Beyond its captivating facade, the home's inviting interior boasts a wide central hallway accessing three main bedrooms and ...
Get unlimited access to more listings in Preston
rei bathroom carspaces
 3  1  1
House
VIC 3072
Building or Managing A Property Portfolio?
Real Estate Investar property investment tools
Start my free trial

Here is how we can help you

  • Search investment property in seconds that match your strategies or buying rules.
  • Perform unlimited property valuation estimates.
  • Research suburb and property data trends.
  • Analyse the financial viability of any opportunity.
  • Track the performance of your portfolio.
  • Account for your portfolio's growth and performance with free Xero integration.
  • On demand help and support available 24/7.
H408/50-56 High St, Preston
$340,000
property pic
IDEAL PLACE TO START OR SAVVY INVESTMENT!
Situated in a secure complex, right in the heart of Preston and all of its amenities, this fresh 2 bedroom apartment will impress. High on the fourth floor, it comprises of a vast open plan kitchen, living and dining area, with access to a large undercover entertainer's balcony with an Easterly ...
Get unlimited access to more listings in Preston
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
More suburbs in the Darebin region
More regions in Victoria

Copyright © 2015 Real Estate Investar AustraliaPty Ltd Privacy.