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 5.26% over the past year and changed 3.82% 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 -26.19% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $375,000 and this has changed -1.32% over the past year. The average unit takes 122 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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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

1.89%

Current vacancy rate

208

Rental stock available

29,925

Population

35.88%

Rental population

2.47%

Current vacancy rate

1,275

Rental stock available

136,474

Population

35.11%

Rental population

1.87%

Current vacancy rate

36,399

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 5.26% 3.95% -1.32%
Median price change -2 years 3.82% 4.34% 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 16 9
Stock on market previous month 62 76
Stock variance vs. last year -26.19% 43.40%
Average days on market 52 122
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Preston investment property listings

Showing 5 of 183 investment properties found in Preston on realestateinvestar.com.au
38 Stott St, PRESTON
$530,000
property pic
TICKING ALL THE RIGHT BOXES
Set behind an attractive facade with verandah, in this sought after street, this appealing family home boasts ample accommodation, three living spaces and a self contained rear unit adding excellent family flexibility or rental income/home office possibilities. A sundrenched lounge precedes ...
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rei bathroom carspaces
 4  2  2
House
VIC 3072
1/44-46 Mary St, PRESTON
$430,000
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Sleek and Stylish Pad Opposite Preston City Oval
Defined by its stylish modern sophistication, enviable open floorplan, and wonderful location literally metres to Preston Market, this 2 bedroom apartment is a highly sought-after prize. Stunningly adorned with Caesarstone benchtops, and floor-to-ceiling windows, this sensational pad impresses ...
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rei bathroom carspaces
 2  1  1
Unit
VIC 3072
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Address available on request, PRESTON
$450,000
property pic
Preston is the Place to be
We currently have a number of Off the Plan developments available in the inner northern suburbs of Preston, Northcote and Brunswick ready for you to secure NOW. Stylish and spacious 2 Bedroom, 1 Bathroom apartments including car space starting from $450,000 Only 10% required to secure with balance ...
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rei bathroom carspaces
 2  1  0
Unit
VIC 3072
11/63-65 Roseberry Ave, PRESTON
$330,000
property pic
A Fabulously Located Boutique Apartment
Sale by Set Date 21/4/2015 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 ...
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rei bathroom carspaces
 1  1  1
Unit
VIC 3072
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, PRESTON
$320,000
property pic
Bright & Beautiful
Close to public transport, shopping centre, shops, restaurants, market & schools, this bright and beautiful well maintained one bedroom apartment offers it all. With a roomy sitting / living room, kitchen with meals area, single bedroom with built in robes, separate bathroom with laundry ...
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 1  1  1
Unit
VIC 3072
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