Market snapshot
Suburb insights for Preston3072
Change suburbMulticultural 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.
Recent sales and auction results in Preston
Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
---|---|---|---|---|---|---|---|
138 Albert St, Preston | 3 | House (Res) | Auction Sale | 20/07/2024 | Ray White Bundoora | View | |
23 Jacka St, Preston | 2 | House (Res) | Auction Sale | 20/07/2024 | Barry Plant | View | |
5/1 Murphy Gr, Preston | 2 | Unit | Auction Sale | 20/07/2024 | Ray White Bundoora | View | |
3/15 Showers St, Preston | 3 | Unit | Sold Before Auction | 19/07/2024 | CHN Box Hill | ||
8 Benambra St, Preston | 4 | House (Res) | Passed in at Auction | 20/07/2024 | Ray White | View | |
18 Victoria St, Preston | 3 | House (Res) | Sold Before Auction | 15/07/2024 | Barry Plant | View | |
3 Dalgety St, Preston | 3 | House (Res) | Sold Before Auction | 8/07/2024 | Barry Plant | View | |
7/466 Bell St, Preston | 2 | Unit | Private Sale | 8/06/2024 | Nelson Alexander | View |
Sales data
Median sale price
$1.3mil
Quarterly price change
3.8%
Metro Melbourne Comparison
$912k
-1.5%
Bedrooms | Preston | Metro comparison |
---|---|---|
2 | $960,000 | $902,500 |
3 | $1,200,000 | $810,000 |
4 | $1,533,000 | $955,000 |
Insight | Preston | Metro comparison |
---|---|---|
Clearance rate | 74.4% | 73.8% |
Days on market | 45 | 42 |
Rental data
Median weekly rent
$630
Rental yield
2.6%
Metro Melbourne Comparison
$560
3.2%
Bedrooms | Preston | Metro comparison |
---|---|---|
2 | $540 | $550 |
3 | $650 | $540 |
4 | $785 | $580 |
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