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 $660,000 and this has changed 1.53% over the past year and changed 8.33% over 2 years.

The median rent in Preston for houses is $420 per week and the median rental yield is 3.30%. Stock on the market for houses/townhouses has changed -3.80% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $380,000 and this has changed 0.26% over the past year. The average unit takes 186 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

2.08%

Current vacancy rate

228

Rental stock available

29,925

Population

35.88%

Rental population

2.44%

Current vacancy rate

1,262

Rental stock available

136,474

Population

35.11%

Rental population

1.84%

Current vacancy rate

35,701

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 $660,000 $550,000 $380,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 1.53% 10.00% 0.26%
Median price change -2 years 8.33% 0.90% -0.27%
  House Townhouses Units
Median weekly rent $420 $430 $350
Median yield % 3.30% 4.06% 4.78%
Median rent change - 1 year 0.00% 2.38% 2.94%
  House Units
Previous month sales 35 11
Stock on market previous month 76 74
Stock variance vs. last year -3.80% -6.33%
Average days on market 68 186
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Preston investment property listings

Showing 5 of 221 investment properties found in Preston on realestateinvestar.com.au
20 Kathleen St, Preston
$1,000,000
rei bathroom carspaces
 4  1  2
House
VIC 3072
property pic
Modern Renovated Charm - Period Family Comfort
A character-filled, classic clinker brick period charmer fresh with modern updates and unprecedented attention to detail. This delightful 4 bedroom family home is sure to win the hearts of many. Gorgeously adorned with inclusions of luxury such as high ceilings, striking cornices, original ...
121/43 High St, Preston
$425,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
Living The High Life!
In the impressive M1 Urban complex, this spacious modern apartment offers the perfect opportunity for both investors and first-home buyers. Top- quality interior offers 2 well sized bedrooms (both with built in robes), light-filled open plan living/dining area leading onto the full length terrace, ...
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312/100 Plenty Rd, Preston
$370,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
Superb Investment In the Heart of Preston
Just moments from Preston Market, South Preston Shopping Centre and within walking distance to great restaurants on High Street. With 2 good sized bedrooms both with BIR's and an open plan living and meals area and a stylish bathroom with laundry. The semi enclosed balcony is great for ...
608/54 High St, Preston
$375,000
rei bathroom carspaces
 2  1  1
Unit
VIC 3072
property pic
Modern security apartment in a super central locale
An urban haven of comfort and style, this superb top floor apartment is well maintained and suits those seeking low maintainance living. It's conveniently set close to Preston Market and Northcote Plaza, a stroll from Thornbury Station and city trams. - Open plan living and dining enjoys plenty of ...
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1 Crevelli St, Preston
$700,000
rei bathroom carspaces
 3  2  2
Townhouse
VIC 3072
property pic
Only 2 remaining- Designer Townhouses with NO Body Corporate and
Be quick to take huge stamp duty savings and first home buyer grant. Don't miss out on Preston's brand new townhouses. These magnificent architecturally designed townhouse situated in a boutique development of 4 residences delivering a stylish and creative life. Featuring 3 bedrooms plus 1 study ...
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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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