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
11 Tiernan St, Preston 3 House Private Sale 10/08/2022 Woodards

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$1.18m

Metro Melbourne

$1.08m

Quarterly Price Change

-9.8%

Metro Melbourne

-2.9%

Median Rent

$510

Metro Melbourne

$490

Rental Yield

2.1%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63.9% 70.7%
Days on Market 41 34
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,042,000 $1,075,000
3 Bedrooms $1,250,900 $947,000
4 Bedrooms $1,410,000 $1,200,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $450 $500
3 Bedrooms $520 $460
4 Bedrooms $655 $525

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$660k

Metro Melbourne

$671k

Quarterly Price Change

4.8%

Metro Melbourne

-1.3%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

3.2%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63.9% 70.7%
Days on Market 41 34
Median price by Bedrooms Suburb Metro
1 Bedroom $395,500 $390,000
2 Bedrooms $620,000 $630,000
3 Bedrooms $905,500 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $325 $340
2 Bedrooms $410 $425
3 Bedrooms $525 $540

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