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
3/22 Furzer St, Preston 2 Townhouse (Res) Auction Sale 15/06/2024 Nelson Alexander
26 Gillingham St, Preston 3 House (Res) Auction Sale 15/06/2024 Barry Plant
46A Victoria St, Preston 4 Townhouse (Res) Passed in at Auction 15/06/2024 Woodards
105/9 High St, Preston 2 Unit Private Sale 16/05/2024 Nelson Alexander
410/100 Plenty Rd, Preston 2 Unit Private Sale 08/05/2024 RT Edgar Northside
112A Raglan St, Preston 4 House (Res) Auction Sale 15/06/2024 Jellis Craig
3/285-289 Bell St, Preston 3 Townhouse (Res) Sold Before Auction 12/06/2024 Nelson Alexander
5/16 Sinnott St, Preston 3 Townhouse (Res) Sold Before Auction 12/06/2024 Ray White
1/1 Hawker Av, Preston 2 Townhouse (Res) Private Sale 29/05/2024 RT Edgar Northside
65 Oakover Rd, Preston 3 House (Res) Private Sale 29/05/2024 Woodards
108/5 Blanch St, Preston 2 Unit Private Sale 18/05/2024 Love & Co

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.24m

Metro Melbourne

$929k

Quarterly Price Change

1.8%

Metro Melbourne

2%

Median Rent

$615

Metro Melbourne

$550

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.9% 75.3%
Days on Market 49 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $955,000 $920,000
3 Bedrooms $1,195,000 $810,000
4 Bedrooms $1,536,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $540 $550
3 Bedrooms $650 $520
4 Bedrooms $785 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$624k

Metro Melbourne

$635k

Quarterly Price Change

18.3%

Metro Melbourne

0.3%

Median Rent

$495

Metro Melbourne

$520

Rental Yield

4.2%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.9% 75.3%
Days on Market 49 40
Median price by Bedrooms Suburb Metro
1 Bedroom $372,300 $370,000
2 Bedrooms $602,500 $600,000
3 Bedrooms $900,500 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $400 $450
2 Bedrooms $500 $540
3 Bedrooms $650 $620

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