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.

Recent Sales & Auction Results in Preston

Address Price Type Method Sale Date Agent
Property List
14/605 Gilbert Rd, Preston 3 Apartment Private Sale 08/07/2020 Ray White
4 Fitzroy St, Preston 3 House Private Sale 01/07/2020 Harcourts Rata & Co
184 Raglan St, Preston 3 House (Res) Sold Before Auction 10/07/2020 Love & Co Ivanhoe
140 Regent St, Preston - House Auction Sale 10/07/2020 Nelson Alexander
38 Victoria St, Preston 4 House (Res) Private Sale 09/07/2020 Nelson Alexander
301/531-533 High St, Preston 3 Apartment Private Sale 30/06/2020 Nelson Alexander

Median data for March 2020 Quarter. Click here for details.

Median Sale Price

$1.02mil

Metro Melbourne

$893k

Quarterly Price Change

-6.2%

Metro Melbourne

3.7%

Median Rent

$495

Metro Melbourne

$460

Rental Yield

2.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 77.5% 73.1%
Days on Market 38 32
Median price by Bedrooms Suburb Metro
2 Bedrooms $880,000 $880,000
3 Bedrooms $969,000 $750,000
4 Bedrooms $1,200,000 $885,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $440 $500
3 Bedrooms $500 $440
4 Bedrooms $620 $490

Median data for March 2020 Quarter. Click here for details.

Median Sale Price

$637k

Metro Melbourne

$641k

Quarterly Price Change

2.6%

Metro Melbourne

0.6%

Median Rent

$420

Metro Melbourne

$430

Rental Yield

3.8%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 77.5% 73.1%
Days on Market 38 32
Median price by Bedrooms Suburb Metro
1 Bedroom $336,000 $375,575
2 Bedrooms $554,000 $585,000
3 Bedrooms $784,000 $775,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $360 $375
2 Bedrooms $430 $450
3 Bedrooms $500 $530

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