Market snapshot

Suburb insights for Preston3072

Change suburb

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.

Recent sales and auction results in Preston

AddressBedroomsPriceTypeMethodSale DateAgentListing
138 Albert St, Preston3PriceHouse (Res)Auction Sale20/07/2024Ray White BundooraView
23 Jacka St, Preston2PriceHouse (Res)Auction Sale20/07/2024Barry PlantView
5/1 Murphy Gr, Preston2PriceUnitAuction Sale20/07/2024Ray White BundooraView
3/15 Showers St, Preston3PriceUnitSold Before Auction19/07/2024CHN Box Hill
8 Benambra St, Preston4PriceHouse (Res)Passed in at Auction20/07/2024Ray WhiteView
18 Victoria St, Preston3PriceHouse (Res)Sold Before Auction15/07/2024Barry PlantView
3 Dalgety St, Preston3PriceHouse (Res)Sold Before Auction8/07/2024Barry PlantView
7/466 Bell St, Preston2PriceUnitPrivate Sale8/06/2024Nelson AlexanderView

Sales data

Median sale price
$1.3mil
Quarterly price change
3.8%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsPrestonMetro comparison
2$960,000$902,500
3$1,200,000$810,000
4$1,533,000$955,000
InsightPrestonMetro comparison
Clearance rate74.4%73.8%
Days on market4542

Rental data

Median weekly rent
$630
Rental yield
2.6%
Metro Melbourne Comparison
$560
3.2%
BedroomsPrestonMetro comparison
2$540$550
3$650$540
4$785$580
Median data for the current quarter
Find a REIV member

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.