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Investment Property Preston, VIC, 3072

195 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 9.09% 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 3.46%. Stock on the market for houses/townhouses has changed 9.33% 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 5.55% 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 1.98% 2.47% 1.96%
Rental stock available 217 1,275 38,178
Population 29,925 136,474 5,354,042
Rental population 35.88% 35.11% 26.51%
  House Townhouses Units
Median listing price $600,000 $489,500 $380,000
Median price change - last quarter 0.00% 1.66% 0.00%
Median price change - 1 year 9.09% 8.77% 5.55%
Median price change -2 years 0.00% -4.77% -5.27%
  House Townhouses Units
Median weekly rent $400 $420 $340
Median yield % 3.46% 4.46% 4.65%
Median rent change - 1 year 5.26% -2.33% 0.00%
  House Units
Previous month sales 29 7
Stock on market previous month 82 71
Stock variance vs. last year 9.33% 91.89%
Average days on market 53 111

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Preston investment property listings

Showing 5 of 195 investment properties found in Preston on
3/28 Newcastle St, PRESTON
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Look No Further

Modern designed townhouse in one of Preston's most sought after locations will be built to uncompromising standards offering 6 star energy rating, builder's guarantee & the highest quality fixtures & fittings that will impress the most fastidious purchaser. Townhouse 3 features spacious open plan ...
 2  2  1
VIC 3072

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property pic
A Stress Free Entry Into Real Estate Investment

Perfectly positioned within an easy walk of Miller Street Shops, Gilbert Road tram and Robinson Reserve this stylish single level unit offers exceptional lifestyle prospects. Embracing a fresh feel that takes full advantage of space and natural light; this stylish unit consists of master bedroom ...
 1  1  1
VIC 3072

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H508/54 High St, PRESTON
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Why rent an apartment in Preston, when you can afford to buy one

ALL GENUINE REALISTIC OFFERS WILL BE CONSIDERED...... This is the first time this property has been publicly available. The vendor is keen to sell this property ASAP, we have been told to find a buyer quickly. if you are in a position to purchase with a quick settlement this property may just be ...
 2  1  1
VIC 3072

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33 Penola St, PRESTON
property pic
A Weatherboard Classic With A Modern Touch

This freshly updated single-level home boasting two spacious bedrooms and separate bungalow seamlessly blends contemporary comfort with period-inspired elegance to present the ideal low maintenance property, superbly located near the Thornbury border. Light-filled living areas infuse with ...
 2  1  1
VIC 3072

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2/427 Murray Rd, PRESTON
property pic

This impressively spacious villa unit provides a fantastic opportunity for first time buyers and investors alike. Offering room to move, it comprises of two generous bedrooms (both with built-in robes), central bathroom, big lounge room, kitchen/meals area, separate laundry, separate toilet, ...
 2  1  1
VIC 3072