Profile for Preston

3072

Multicultural Preston is a lively mix of new and long-term residents buying produce at Preston Market and soaking up the arts cafes and multicultural vibes. Preston is 9 km north from Melbourne's CBD. Preston is well connected by public transport you can catch a train bus or tram to get around to Preston Market or Northland Shopping Centre quite easily. Preston features Melbourne Polytechnic Preston Campus Preston Oval and delicious food wonders on High Street.

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Recent Sales & Auction Results in Preston

Address Price Type Method Sale Date Agent
Property List
7/2 Bruce St, Preston 2 Townhouse (Res) Passed in at Auction 13/04/2024 Ray White
13/465 Murray Rd, Preston 2 Unit Auction Sale 13/04/2024 hockingstuart
4/468-470 Plenty Rd, Preston 3 Townhouse (Res) Auction Sale 13/04/2024 Ray White
4 Watson St, Preston 4 House (Res) Sold Before Auction 05/04/2024 Nelson Alexander
2/3 Mclennan Pl, Preston 2 Unit Private Sale 28/03/2024 Woodards - Ian Reid Vendor Advocacy
192 Miller St, Preston 4 House (Res) Auction Sale 13/04/2024 Woodards
10 Neale St, Preston 3 House (Res) Auction Sale 13/04/2024 RT Edgar Northside

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.24m

Metro Melbourne

$929k

Quarterly Price Change

1.8%

Metro Melbourne

2%

Median Rent

$615

Metro Melbourne

$550

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.9% 75.3%
Days on Market 49 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $955,000 $920,000
3 Bedrooms $1,195,000 $810,000
4 Bedrooms $1,536,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $540 $550
3 Bedrooms $650 $520
4 Bedrooms $785 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$624k

Metro Melbourne

$635k

Quarterly Price Change

18.3%

Metro Melbourne

0.3%

Median Rent

$495

Metro Melbourne

$520

Rental Yield

4.2%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.9% 75.3%
Days on Market 49 40
Median price by Bedrooms Suburb Metro
1 Bedroom $372,300 $370,000
2 Bedrooms $602,500 $600,000
3 Bedrooms $900,500 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $400 $450
2 Bedrooms $500 $540
3 Bedrooms $650 $620

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