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 $700,000 and this has changed 5.26% over the past year and changed 10.83% over 2 years.

The median rent in Preston for houses is $430 per week and the median rental yield is 3.19%. Stock on the market for houses/townhouses has changed 4.49% compared to last year and the average time to sell a house/townhouse is 78 days.The median listing price for units is $385,000 and this has changed 1.44% over the past year. The average unit takes 222 days to sell and the median rent for a unit in Preston is $360 per week, producing a rental yield of 4.86%.

Receive Free Property Investment Data, Tools and Resources

Download your FREE reports now!

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

List of suburbs in Darebin
Alphington - Bundoora - Fairfield - Kingsbury - Macleod - Northcote - Preston - Reservoir - Thornbury
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

1.78%

Current vacancy rate

195

Rental stock available

29,925

Population

35.88%

Rental population

1.90%

Current vacancy rate

981

Rental stock available

136,474

Population

35.11%

Rental population

1.56%

Current vacancy rate

30,364

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 $700,000 $570,000 $385,000
Median price change - last quarter 6.06% 1.27% 0.39%
Median price change - 1 year 5.26% 7.54% 1.44%
Median price change -2 years 10.83% 8.16% 2.56%
  House Townhouses Units
Median weekly rent $430 $430 $360
Median yield % 3.19% 3.92% 4.86%
Median rent change - 1 year 2.38% 2.38% 2.85%
  House Units
Previous month sales 29 11
Stock on market previous month 93 73
Stock variance vs. last year 4.49% -3.95%
Average days on market 78 222
Share this page with your friends:

Preston investment property listings

Showing 5 of 285 investment properties found in Preston on realestateinvestar.com.au
19 Cynga St, Preston
$910,000
rei bathroom carspaces
 3  1  2
House
VIC 3072
property pic
Get Set for Success
and launch your property plans with this magnificent 693.8sqm (approx.) allotment and home offering plenty of space and a multitude of options. This freestanding three-bedroom home on a level GRZ2 allotment is ready for renovation while astute new owners consider significant future options ...
7/49 Austral Ave, Preston
$270,000
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
property pic
Light Filled Spaces, West Preston Precinct
This bright one bedroom apartment is the perfect opportunity to appreciate all the lifestyle attractions of the desirable West Preston precinct. St Georges Road trams, trains from Bell Station, High Street shopping & Preston Market all at your doorstep. Leafy surroundings filter abundant natural ...
Join Our Property Investment Hub Today
Join Today and Receive Free Property Investment Data, Tools and Resources
  • Australia‚Äôs boom suburb reports
  • Monthly market updates
  • Renovation calculator
  • Investor checklist
  • Chance to win free subscription worth $2,988
76 Murray Rd, Preston
$699,000
rei bathroom carspaces
 2  1  2
House
VIC 3072
property pic
Your next project awaits
Get in early and take advantage of this magnificent 480sqm (approx.) corner block, two bedroom home offering plenty of space and a multitude of options. Renovate, develop or build your new family residence. - Two bedrooms - Central bathroom - Formal living - North facing outdoor area - Undertake a ...
47/93-103 High St, Preston
$340,000
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
property pic
When Size Matters
In the popular Excelsior Apartments, this oversized one bedroom plus study nook abode offers trendy urban living. Part of a conversion steeped in history and complete with city glimpses, it's seconds to trams, trains, cafes, restaurants, parks and Thornbury Village. - Open living, meals and ...
WIN $5000 - Learn More
26a Young St, Preston
$780,000
rei bathroom carspaces
 3  1  1
House
VIC 3072
property pic
Picture Perfect Living
Edwardian inspiration combined with the best in contemporary design, this semi-detached home is guaranteed to make a lasting impression with its spacious floorplan, first-class features and prized south-of-Bell Street location. Beyond its picket-fenced garden and timeless facade, the home's ...
Navigate to more Suburbs, Regions or States
More suburbs in the Darebin region
List of suburbs in Darebin
Alphington - Bundoora - Fairfield - Kingsbury - Macleod - Northcote - Preston - Reservoir - Thornbury
More regions in Victoria

Address

40 Commercial Drive, Ashmore, 4214, Qld Phone: 1300 737 782

Home || Blog || Free Membership

Copyright © 2016 Real Estate Investar Australia Pty Ltd Privacy.