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 $670,000 and this has changed 11.66% over the past year and changed 0.00% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.25%. Stock on the market for houses/townhouses has changed 4.48% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $380,000 and this has changed 1.33% over the past year. The average unit takes 151 days to sell and the median rent for a unit in Preston is $350 per week, producing a rental yield of 4.78%.

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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

2.06%

Current vacancy rate

226

Rental stock available

29,925

Population

35.88%

Rental population

2.36%

Current vacancy rate

1,220

Rental stock available

136,474

Population

35.11%

Rental population

1.93%

Current vacancy rate

37,602

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 $670,000 $549,000 $380,000
Median price change - last quarter 3.81% 4.97% 1.06%
Median price change - 1 year 11.66% 10.02% 1.33%
Median price change -2 years 0.00% 1.83% -1.32%
  House Townhouses Units
Median weekly rent $420 $420 $350
Median yield % 3.25% 3.97% 4.78%
Median rent change - 1 year 2.43% 0.00% 2.94%
  House Units
Previous month sales 27 9
Stock on market previous month 70 64
Stock variance vs. last year 4.48% -14.67%
Average days on market 53 151
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Preston investment property listings

Showing 5 of 245 investment properties found in Preston on realestateinvestar.com.au
, Preston
$369,000
rei bathroom carspaces
 1  1  1
Unit
VIC 3072
property pic
Affordable INVESTMENT in a high growth suburb!
Contemporary class meets high-rise comfort with this outstanding one bedroom Preston apartment. Filled with natural light from the full-length/northerly aspect windows, this modern home boasts an impressive, spacious lounge and dining area leading out to a well appointed balcony. The apartment ...
17 Townhall Ave, Preston
$800,000
rei bathroom carspaces
 3  1  2
House
VIC 3072
property pic
Period Potential in the Heart of Preston
Walking distance to High Street shops, cafes and cosmopolitan Preston Market, this classic Californian Bungalow provides an immediately comfortable lifestyle along with an incredible array of options to renovate/extend or start anew (STCA). Set on a sizeable block of land complete with ROW access, ...
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16 Ellison St, Preston
$1,000,000
rei bathroom carspaces
 4  2  2
House
VIC 3072
property pic
Picture Perfect Family Lifestyle
Set to impress, this single-level showpiece delivers an outstanding modern family experience with its free-flowing design, extensive features list and sought-after position in one of Preston's favourite pockets. Absolute quality throughout, the home's light-filled interior boasts a wide central ...
14-18 Gilbert Rd, Preston
$400,000
rei bathroom carspaces
 0  0  0
Unit
VIC 3072
property pic
Long Term Tenanted Commercial Shops NOW SELLING with 3% rent in
Preston's best kept secret within the cosmopolitan community hub surrounded by locally owned and run businesses welcoming you on a first name basis. The Gilbert offers beautiful designed finishes and modern facilities throughout. Now Selling commercial shops some already tenanted will great rental ...
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2/584 Plenty Rd, Preston
$480,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
Sale By Fixed Date Closes 23rd August at 6:00pm
MODERN, AFFORDABLE, QUALITY BUILT LOADED WITH CONVENIENCE Don't miss out on this affordable, ultra modern home offering lifestyle propositions that's hard to beat, stone's throw from Preston's main amenities including Plenty Road Tram situated right at your doorstep, also with-in easy reach to ...
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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

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