Download your FREE reports now!

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 -4.55% 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 -3.31% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $470,000 and this has changed 6.81% over the past year. The average unit takes 107 days to sell and the median rent for a unit in Preston is $450 per week, producing a rental yield of 4.97%.

Supply & Demand in Preston, Darebin

0.89%

Current vacancy rate


155

Rental stock available


32,851

Population


34.51%

Rental population


0.92%

Current vacancy rate


610

Rental stock available


146,723

Population


33.59%

Rental population


0.93%

Current vacancy rate


28,886

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 $690,000 $470,000
Median price change - last quarter -4.55% -0.65% 5.55%
Median price change - 1 year -4.55% -1.43% 6.81%
Median price change - 2 years 0.00% -1.43% 4.44%
  House Townhouses Units
Median weekly rent $600 $600 $450
Median yield % 2.97% 4.52% 4.97%
Median rent change - 1 year 0.84% 3.44% 2.27%
  House Units
Previous month sales 37 30
Stock on market previous month 117 141
Stock variance vs. last year -3.31% 12.80%
Average days on market 61 107

Preston investment property listings

Showing 5 of 319 investment properties found in Preston on realestateinvestar.com.au

17 Hotham St, Preston

$1,200,000

property pic

Ripe for renovation or redevelopment (STCA)

Nestled in one of Prestons highest positions on the hill and offering incredible access to High Streets many transport options and cafes'/restaurant scene, this residence offers an ideal opportunity for homebuyers and developers alike. Make use of the sizable 594 sqm (approx.) of land which lends ...

Get more info on this property
rei

2

rei

1

rei

3

House

VIC 3072


108/9 Railway Place W, Preston

$820,000

property pic

Sustainable Spacious Bright & Warm

The Phone Code for this property is: 32682. Please quote this number when phoning or texting. Experience a rare combination of architectural design, genuine sustainability, and community living in this beautifully crafted two-bedroom apartment. Located within the award-winning Nightingale Preston ...

Get more info on this property
rei

2

rei

1

rei

0

Unit

VIC 3072


1/36 Holly St, Preston

$660,000

property pic

Premium Front Unit Offering Unmatched Convenience

Positioned as the enviable front home in a boutique block of only three, this beautifully designed double-story townhouse offers the perfect blend of space, light, and lifestyle. If you value privacy without sacrificing convenience, this is the home you have been waiting for. Step inside to ...

Get more info on this property
rei

2

rei

1

rei

1

Townhouse

VIC 3072


10 Eric St, Preston

$995,000

property pic

PRIVATE FAMILY SANCTUARY IN A HIGH-DEMAND PRESTON POCKET

Tucked away behind secure fencing in one of Preston's most tightly held streets, this is a home where privacy, space, and lifestyle come together, an increasingly rare find in the Inner North. Surprisingly peaceful, the home is regularly visited by native birdlife including kingfishers, ...

Get more info on this property
rei

3

rei

1

rei

2

House

VIC 3072


1/29 Ambon St, Preston

$700,000

property pic

Closing 26th of May 2026 (Unless Sold Prior)

Welcome to 1/29 Ambon Street, Preston a beautifully presented residence offering the perfect blend of comfort, convenience, and contemporary style. Whether you're a first-home buyer, savvy investor, or downsizer, this impressive home delivers effortless living in a sought-after location. Step ...

Get more info on this property
rei

3

rei

2

rei

1

House

VIC 3072


Navigate to more Suburbs, Regions or States