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Investment Property Preston, VIC, 3072

Suburb Snapshot

Preston is a suburb in the Darebin Region of Victoria. Preston has a population of 32,851 people and 34.51% of its occupants live in rental accommodation. The median listing price for houses is $1,050,000 and this has changed -0.95% over the past year and changed 0.00% over 2 years.

The median rent in Preston for houses is $600 per week and the median rental yield is 2.97%. Stock on the market for houses/townhouses has changed 5.51% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $475,000 and this has changed 8.32% over the past year. The average unit takes 90 days to sell and the median rent for a unit in Preston is $450 per week, producing a rental yield of 4.92%.

Supply & Demand in Preston, Darebin

0.99%

Current vacancy rate


172

Rental stock available


32,851

Population


34.51%

Rental population


0.96%

Current vacancy rate


637

Rental stock available


146,723

Population


33.59%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Preston, Darebin

  House Townhouses Units
Median listing price $1,050,000 $695,000 $475,000
Median price change - last quarter -4.55% -0.65% 5.55%
Median price change - 1 year -0.95% -0.72% 8.32%
Median price change - 2 years 0.00% -0.72% 4.39%
  House Townhouses Units
Median weekly rent $600 $600 $450
Median yield % 2.97% 4.48% 4.92%
Median rent change - 1 year 1.69% 4.34% 2.27%
  House Units
Previous month sales 39 21
Stock on market previous month 134 136
Stock variance vs. last year 5.51% 7.09%
Average days on market 61 90

Preston investment property listings

Showing 5 of 148 investment properties found in Preston on realestateinvestar.com.au

2c Cooper St, PRESTON

$1,050,000

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Townhouse

VIC 3072


56 Pender St, PRESTON

$1,300,000

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House

VIC 3072


53 Rene St, PRESTON

$1,150,000

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House

VIC 3072


61/93-103 High St, PRESTON

$420,000

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Unit

VIC 3072


524 Murray Rd, Preston

$900,000

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Spacious Family Living in the Heart of Preston

Perfectly positioned in the heart of Preston, 524 Murray Road presents an outstanding opportunity to secure a spacious, light-filled family home in one of the inner north's most vibrant and convenient locations. This solid three-bedroom, two-bathroom brick residence offers a welcoming and ...

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House

VIC 3072


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