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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 185 investment properties found in Preston on realestateinvestar.com.au

5A Jacka St, Preston

$1,400,000

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Modern masterpiece of luxury and light

Inspired architectural elements and first-class features come together in this single-level showpiece to deliver a brand-new lifestyle of low-maintenance perfection in one of Preston's most desirable West Preston neighbourhoods. Welcomed by a custom-made solid wrought-iron fluted door, the home's ...

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House

VIC 3072


54 Mcnamara St, Preston

$1,200,000

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A wonderful family setting with lots of potential.

Proudly placed just minutes to a range of amenities, this refreshed weatherboard home will surprise you with its clever zoning and outstanding space. Boasting excellent accommodation that adapts to the growing family needs, the floor plan features a spacious formal living and dining room alongside ...

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House

VIC 3072


3/1 Bond St, Preston

$680,000

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Elevated living in the heart of Preston

Unveiling a perfect blend of modern sophistication and comfort, this 2-bedroom, 2-bathroom gem located at 3/1 Bond Street, Preston, is the ideal sanctuary for astute home buyers. Filled with natural light, the open plan living exudes an inviting vibe that effortlessly extends to the sleek, fully ...

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Townhouse

VIC 3072


8/4 Davis St, Preston

$760,000

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Space and style with a perfect parkland backdrop

Tucked away in a secluded cul-de-sac backing onto a reserve, this contemporary townhouse presents an outstanding low-maintenance lifestyle or investment opportunity thanks to its generous dimensions, quality inclusions and profusion of natural light throughout. Ready to simply move in and start ...

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Townhouse

VIC 3072


2/21 Austral Ave, Preston

$750,000

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Brilliant entry or downsizer dream

Set at the rear and one of only two on the block, this single-level villa combines generous dimensions and quality inclusions to deliver a terrific low-maintenance lifestyle all south of Bell Street in one of Preston's favourite neighbourhoods. Filled with natural light, the home's impeccably ...

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Unit

VIC 3072


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