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Investment Property Preston, VIC, 3072

196 investment properties found in Preston on

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 $590,000 and this has changed 7.27% over the past year and changed 0.00% over 2 years.

The median rent in Preston for houses is $400 per week and the median rental yield is 3.52%. Stock on the market for houses/townhouses has changed -20.65% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $380,000 and this has changed 5.99% over the past year. The average unit takes 111 days to sell and the median rent for a unit in Preston is $340 per week, producing a rental yield of 4.65%.

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  Suburb Region State
  Preston Darebin Victoria
Current vacancy rate 1.79% 2.14% 1.81%
Rental stock available 196 1,107 35,246
Population 29,925 136,474 5,354,042
Rental population 35.88% 35.11% 26.51%
  House Townhouses Units
Median listing price $590,000 $488,000 $380,000
Median price change - last quarter 3.57% 2.34% 2.70%
Median price change - 1 year 7.27% 8.44% 5.99%
Median price change -2 years 0.00% -6.25% -5.66%
  House Townhouses Units
Median weekly rent $400 $420 $340
Median yield % 3.52% 4.47% 4.65%
Median rent change - 1 year 5.26% -2.33% 0.00%
  House Units
Previous month sales 34 15
Stock on market previous month 73 77
Stock variance vs. last year -20.65% 120.00%
Average days on market 50 111

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Preston investment property listings

Showing 5 of 196 investment properties found in Preston on
1-4/134 Spring St, PRESTON
property pic
Four Units on 844sqm General Residential Zone land- Amazing opp

Here is a rare chance to buy 4 two bedroom units on one title on a block of land approx. 1370m2 in the “Hot Spot” Preston. There are many possibilities but you may choose to develop the land (STCA), or keep it the way it is as an investment and collect the rent or renovate to maximise the ...
 2  1  2
VIC 3072

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4 Osborne Grove, PRESTON
property pic

PENBY" - perfect for growing families, this impressively spacious period home presents a lifestyle of quality and versatility with its expansive design, luxury features and south-of-Bell Street location. On a deep block (well over 700sqm), the home's stunning interior boasts a wide central hallway ...
 3  2  2
VIC 3072

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126 Albert St, PRESTON
property pic
A Solid Start In A Convenient Location

This well maintained residence offers a comfortable floor plan that provides a rewarding balance of immediate first home buyer appeal, matched by an allotment that suggests significant scope to further enhance and or perhaps develop (STCA) as the future unfolds. Positioned in a convenient ...
 3  1  1
VIC 3072

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property pic
What A Gem

One of only two on the block and maximising a rear position that delivers peace and privacy, this attractive three bedroom home offers single-level style with spacious appeal! North facing to take in heaps of natural light and complete with a generous, private sun soaked courtyard, it enjoys a ...
 3  1  2
VIC 3072

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10A Erin St, PRESTON
property pic
Grand Appeal, Grand Design, Magnificent Price!

On grand proportions and representing superb value, these generous brand new homes with outstanding street appeal must be seen to be believed! Features elevated separate street frontage, with a choice of three stunning facades, enormous master chef style kitchen, attractive flooring with smart ...
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VIC 3072