Suburb

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Suburb insights for Preston3072

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Preston, approximately 9 km north of Melbourne’s CBD, has evolved from a working-class suburb into a thriving, multicultural area that is popular with young families and first-home buyers. It offers a rich mix of cultures reflected in its markets, eateries, and local events, anchored by Preston Market and High Street shopping precincts. Well-served by trains, trams, and buses, the suburb also boasts numerous parks and schools, contributing to its growing popularity.

Recent sales and auction results in Preston

AddressBedroomsPriceTypeMethodSale DateAgentListing
6 Beatrice St, Preston3PriceHouseAuction Sale13/03/2026Ray WhiteView
19 Cooper St, Preston4PriceHouseAuction Sale13/03/2026Barry PlantView
81 Dundas St, Preston3PriceHouseAuction Sale13/03/2026Nelson AlexanderView
21 Garnet St, Preston3PriceHouseAuction Sale13/03/2026Ray WhiteView
6 Mcgowan Av, Preston3PriceHousePassed in at Auction13/03/2026Ray White CoburgView
3/11 Mihil St, Preston2PriceUnitPassed in at Auction13/03/2026Jellis CraigView
3/2 Myrtle Gr, Preston2PriceTownhouseAuction Sale13/03/2026Ray WhiteView
11 Neale St, Preston4PriceHouseAuction Sale13/03/2026Ray WhiteView
608/183 High St, Preston2PriceApartmentSold Before Auction3/03/2026Nelson AlexanderView
3/10 Osborne Gr, Preston2PriceTownhousePrivate Sale25/02/2026RT Edgar Northside
1/22 Furzer St, Preston3PriceTownhouseSold Before Auction22/02/2026Nelson AlexanderView
10 Arthur St, Preston2PriceHousePassed in at Auction13/03/2026FletchersView
17 Brighton Av, Preston4PriceHouseAuction Sale13/03/2026Nelson AlexanderView
26 Grandview Rd, Preston3PriceHouseAuction Sale13/03/2026Nelson AlexanderView
14 Orient Gr, Preston3PriceHouseAuction Sale13/03/2026Woodards
79 Pender St, Preston3PriceHousePassed in at Auction13/03/2026Jellis CraigView
2/22 Sylvester Gr, Preston2PriceTownhousePassed in at Auction13/03/2026Ray WhiteView
29 Beatrice St, Preston4PriceHouseSold Before Auction12/03/2026Nelson AlexanderView
2/45 Harrow St, Preston4PriceTownhouseSold Before Auction12/03/2026Barry PlantView
9 Percival St, Preston3PriceHousePrivate Sale25/02/2026Nelson Alexander
304/277 Raglan St, Preston2PriceApartmentPrivate Sale23/02/2026Whitefox Real EstateView
12 Tasman St, Preston4PriceHouseSold Before Auction12/02/2026Nelson Alexander

Sales data

Median sale price
$1.3mil
Quarterly price change
1%
Metro Melbourne Comparison
$974k
1.8%
BedroomsPrestonMetro comparison
2$1,035,000$940,000
3$1,191,250$851,000
4$1,411,000$970,000
InsightPrestonMetro comparison
Clearance rate77.7%77.8%
Days on market4136

Rental data

Median weekly rent
$680
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.2%
BedroomsPrestonMetro comparison
2$575$585
3$680$550
4$915$600
Median data for the current quarter
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