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Investment Property Preston, VIC, 3072

190 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 $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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  Suburb Region State
  Preston Darebin Victoria
Current vacancy rate 1.89% 2.47% 1.87%
Rental stock available 208 1,275 36,399
Population 29,925 136,474 5,354,042
Rental population 35.88% 35.11% 26.51%
  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 190 investment properties found in Preston on
32 Etnam St, PRESTON
property pic

South of Bell Street in one of West Preston's most tightly-held pockets, this much-loved Californian presents a range of options for those looking to renovate and extend (STCA). Current floorplan includes three bedrooms and central bathroom, formal lounge with gas heater, separate dining room and ...
 3  1  2
VIC 3072

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190 Tyler St, PRESTON
property pic

Instantly appealing, this Californian classic presents a terrific opportunity to revive or renew (STCA) in a popular location moments from Plenty Road shops and trams. Occupying a gently elevated block on the high side of the street, the home's tidy interior comprises three bedrooms and central ...
 3  1  2
VIC 3072

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9 Stafford St, PRESTON
property pic

'Waite-Lin' - this elevated Californian, south of Bell Street in the sought-after OAKOVER ESTATE, offers an instantly enjoyable lifestyle with plenty of scope to further enhance and extend (STCA). Surrounded by established garden, the home's versatile floorplan comprises three bedrooms (large ...
 3  2  1
VIC 3072

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property pic
Unique Development Opportunity

Dream development site with plans and permits, close to the heart of Preston and conveniently positioned near shops, public transport & schools. Set over 2 titles (approx. 1015 sq/ms Total) it holds Plans and Permits for an 11 Reverse Living, 3 Level Unit Development. Enquire Today for more ...
 6  2  4
VIC 3072

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16 Flett St, PRESTON
property pic
Quality, style and a Brilliant Location

Situated on the cusp of Thornbury, this freestanding town residence delivers every imaginable lifestyle advantage, including cafes, supermarkets, Preston Market, the station and tram routes - all a short stroll away. This light filled modern residence boasts, generous proportions including a ...
 2  1  2
VIC 3072