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
3/31 Belgrove St, Preston 2 Townhouse (Res) Auction Sale 15/12/2018 Ray White
8 Bellarine St, Preston 3 House (Res) Auction Sale 15/12/2018 Barry Plant
6 Seymour St, Preston 3 House (Res) Passed in at Auction 15/12/2018 Woodards
33 South St, Preston 4 House (Res) Passed in at Auction 15/12/2018 Mcgrath Northcote
139 Tyler St, Preston 3 House (Res) Passed in at Auction 15/12/2018 Ray White
3/94 Wood St, Preston 2 House Passed in at Auction 15/12/2018 Ray White
3/15 Clifton Gr, Preston 2 Apartment Private Sale 13/12/2018 Woodards
50 Foley Av, Preston 2 House (Res) Auction Sale 13/12/2018 Nelson Alexander
13 Josephine Gr, Preston 2 House (Res) Passed in at Auction 15/12/2018 hockingstuart

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$961k

Metro Melbourne

$834k

Quarterly Price Change

-6.3%

Metro Melbourne

0.0%

Median Rent

$500

Metro Melbourne

$450

Rental Yield

2.5%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 65.9% 46.1%
Days on Market 32 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $935,000 $895,000
3 Bedrooms $1,017,500 $744,750
4 Bedrooms $1,182,500 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $430 $480
3 Bedrooms $520 $420
4 Bedrooms $650 $475

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$547k

Metro Melbourne

$604k

Quarterly Price Change

-8.8%

Metro Melbourne

0.2%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

3.5%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 65.9% 46.1%
Days on Market 32 38
Median price by Bedrooms Suburb Metro
1 Bedroom $340,000 $375,000
2 Bedrooms $556,250 $575,000
3 Bedrooms $820,000 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $365
2 Bedrooms $410 $431
3 Bedrooms $495 $520

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