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 3.44% over the past year and changed 5.45% 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 -27.06% compared to last year and the average time to sell a house/townhouse is 54 days.The median listing price for units is $375,000 and this has changed -1.32% over the past year. The average unit takes 126 days to sell and the median rent for a unit in Preston is $330 per week, producing a rental yield of 4.57%.
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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

1.97%

Current vacancy rate

216

Rental stock available

29,925

Population

35.88%

Rental population

2.51%

Current vacancy rate

1,296

Rental stock available

136,474

Population

35.11%

Rental population

1.94%

Current vacancy rate

37,739

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 $499,000 $375,000
Median price change - last quarter 0.00% -0.20% 0.00%
Median price change - 1 year 3.44% 3.95% -1.32%
Median price change -2 years 5.45% 6.07% 8.57%
  House Townhouses Units
Median weekly rent $400 $410 $330
Median yield % 3.46% 4.27% 4.57%
Median rent change - 1 year 0.00% -2.39% -2.95%
  House Units
Previous month sales 24 6
Stock on market previous month 62 76
Stock variance vs. last year -27.06% 43.40%
Average days on market 54 126
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Preston investment property listings

Showing 5 of 197 investment properties found in Preston on realestateinvestar.com.au
1/189 Bell St, Preston
$525,000
property pic
NEW, MODERN! STYLISH TOWN HOUSE
This new light filled townhouse, offers exceptional privacy and space. Close to trams, parks and Northland Shopping Centre. This modern and well-designed floor plan offers a light filled living room with open plan kitchen, flowing to an undercover balcony. Hosting 2 double bedrooms with BIR's, ...
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rei bathroom carspaces
 2  1  2
Townhouse
VIC 3072
61 Kendall St, Preston
$720,000
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FAMILY PERFECTION WITH SENSATIONAL CITY VIEWS
Moments from parkland in West Preston's premier pocket, this extended and renovated Californian delivers an idyllic family lifestyle of absolute quality, style and family flexibility. Instantly appealing with its gorgeous facade and picket-fenced garden, the home's stunning interior boasts an ...
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rei bathroom carspaces
 3  2  2
House
VIC 3072
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24 Jacka St, PRESTON
$680,000
property pic
Family Haven in Prestigious Preston West
Positioned in a quiet street, surrounded by tranquil gardens, this inviting four bedroom family home provides a sanctuary from the bustle of everyday life. Fresh, beautifully maintained and welcoming, it comprises a large open plan living and dining with fireplace and spacious sunny ...
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rei bathroom carspaces
 4  2  3
House
VIC 3072
11/63-65 Roseberry Ave, PRESTON
$359,000
property pic
A Fabulously Located Boutique Apartment
This stylish apartment situated in a boutique development is designed with quality and enjoys a fantastic central Preston location. Comprising of a large bedroom with built in wardrobe, the modern kitchen features stainless steel appliances plus a dishwasher and adjoins a light drenched open plan ...
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rei bathroom carspaces
 1  1  1
Unit
VIC 3072
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, PRESTON
$430,000
property pic
Freestanding Villa Unit With North Facing Courtyard
This well presented 2 bedroom villa unit, set in a neatly maintained block of only 3 will appeal to first home buyers, empty nesters and astute investors. With its open plan kitchen-meals / living area bathed in natural light from all angles, parking for a second car in front of the single lock-up ...
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rei bathroom carspaces
 2  1  2
Unit
VIC 3072
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