Suburb

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Suburb insights for Preston3072

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Preston, approximately 9 km north of Melbourne’s CBD, has evolved from a working-class suburb into a thriving, multicultural area that is popular with young families and first-home buyers. It offers a rich mix of cultures reflected in its markets, eateries, and local events, anchored by Preston Market and High Street shopping precincts. Well-served by trains, trams, and buses, the suburb also boasts numerous parks and schools, contributing to its growing popularity.

Recent sales and auction results in Preston

AddressBedroomsPriceTypeMethodSale DateAgentListing
4 Carthew Gr, Preston3PriceHouseAuction Sale20/02/2026Barry PlantView
3 Gertrude St, Preston4PriceHouseAuction Sale20/02/2026hockingstuartView
14 Herbert St, Preston4PriceHouseAuction Sale20/02/2026Nelson AlexanderView
23B Mount St, Preston4PriceHouseAuction Sale20/02/2026Whitefox NorthsideView
75 Oakover Rd, Preston4PriceHouseAuction Sale20/02/2026hockingstuartView
37 Showers St, Preston2PriceHouseAuction Sale20/02/2026Barry PlantView
54 Stokes St, Preston3PriceHouseAuction Sale20/02/2026RT Edgar Essendon
20A Stott St, Preston4PriceHouseAuction Sale20/02/2026Ray WhiteView
200 Tyler St, Preston3PriceHouseAuction Sale20/02/2026Woodards
224 Wood St, Preston4PriceHouseAuction Sale20/02/2026Nelson AlexanderView
12 Carlisle St, Preston3PriceHouseSold Before Auction12/02/2026Jellis CraigView
6 Patterson St, Preston4PriceHousePrivate Sale11/02/2026BuxtonView
407/70-80 High St, Preston2PriceApartmentPrivate Sale30/01/2026Nelson AlexanderView
39 Dundas St, Preston4PriceHousePassed in at Auction20/02/2026Woodards
10 Eric St, Preston3PriceHousePassed in at Auction20/02/2026Black & White Real EstateView
8 Miller St, Preston4PriceHouseAuction Sale20/02/2026Nelson AlexanderView
14 Wilcox St, Preston3PriceHouseSold Before Auction18/02/2026hockingstuartView
29 Stafford St, Preston5PriceHouseSold Before Auction16/02/2026Nelson AlexanderView
312/388 Murray Rd, Preston2PriceUnitPrivate Sale6/02/2026Barry Plant
185 Wood St, Preston4PriceHouseSold Before Auction30/01/2026FletchersView
3 Malpas St, Preston3PriceHousePrivate Sale29/01/2026Nelson AlexanderView
128A Raglan St, Preston2PriceTownhousePrivate Sale14/01/2026Nelson AlexanderView
1 Kitchener Gr, Preston3PriceHouseSold Before Auction2/12/2025Barry Plant

Sales data

Median sale price
$1.3mil
Quarterly price change
1%
Metro Melbourne Comparison
$974k
1.8%
BedroomsPrestonMetro comparison
2$1,035,000$940,000
3$1,191,250$851,000
4$1,411,000$970,000
InsightPrestonMetro comparison
Clearance rate77.7%77.8%
Days on market4136

Rental data

Median weekly rent
$680
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.2%
BedroomsPrestonMetro comparison
2$575$585
3$680$550
4$915$600
Median data for the current quarter
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