Profile for Preston

3072

Preston is located 9 km north-east of the CBD. Bounded by the Merri Creek in the west and the Darebin Creek in the east Preston is a mixed use suburb in Melbourne's north. The suburb features a significant commercial district along High Street while the eastern regions features a significant amount of light industry. It is also a multicultural suburb with large Greek and Italian communities. Preston also features Northland Shopping Centre and the Northern Melbourne Institue of TAFE - Preston Campus.

Recent Sales & Auction Results in Preston

Address Price Type Method Sale Date Agent
Property List
32 Cooper St, Preston 4 House (Res) Auction Sale 12/10/2019 Nelson Alexander
29 Elm St, Preston 3 House (Res) Auction Sale 12/10/2019 Ray White
28 Madeline St, Preston 3 House (Res) Auction Sale 12/10/2019 Jellis Craig
90 May St, Preston 2 House (Res) Auction Sale 12/10/2019 Barry Plant Northcote
164 Raglan St, Preston 4 House (Res) Auction Sale 12/10/2019 Nelson Alexander
2/67 Regent St, Preston 3 Townhouse (Res) Auction Sale 12/10/2019 Nelson Alexander
19 Watson St, Preston 2 House (Res) Sold Before Auction 04/10/2019 Woodards
29 Young St, Preston 2 House (Res) Sold Before Auction 04/10/2019 Nelson Alexander

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$874k

Metro Melbourne

$785k

Quarterly Price Change

-5.5%

Metro Melbourne

-1.1%

Median Rent

$490

Metro Melbourne

$450

Rental Yield

2.8%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63.2% 76.7%
Days on Market 43 34
Median price by Bedrooms Suburb Metro
2 Bedrooms $865,000 $845,000
3 Bedrooms $905,000 $720,000
4 Bedrooms $1,100,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $440 $500
3 Bedrooms $491 $430
4 Bedrooms $555 $480

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$460k

Metro Melbourne

$590k

Quarterly Price Change

-6.1%

Metro Melbourne

0.6%

Median Rent

$410

Metro Melbourne

$430

Rental Yield

4.1%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63.2% 76.7%
Days on Market 43 34
Median price by Bedrooms Suburb Metro
1 Bedroom $343,000 $364,500
2 Bedrooms $506,000 $560,000
3 Bedrooms $750,000 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $370
2 Bedrooms $410 $445
3 Bedrooms $510 $530

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