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
56 Dunstan St, Preston 3 House (Res) Passed in Vendor Bid 13/04/2019 hockingstuart
9 Emery St, Preston 2 Townhouse (Res) Auction Sale 13/04/2019 McGrath
29 Goldsmith Av, Preston 3 House (Res) Passed in at Auction 13/04/2019 Nelson Alexander
1/1 Goldsmith Av, Preston 2 Unit Auction Sale 13/04/2019 OBrien Real Estate
14 Victoria St, Preston 3 House (Res) Auction Sale 13/04/2019 Ray White
3/280 Wood St, Preston 2 Villa Auction Sale 13/04/2019 Harrington Earl Clifton Hill
5/15 Clifton Gr, Preston 2 Apartment Sold Before Auction 05/04/2019 Woodards
40A James St, Preston 2 Townhouse (Res) Passed in at Auction 13/04/2019 Jellis Craig
7A Maynard St, Preston 3 House (Res) Auction Sale 13/04/2019 Ray White

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

Median Sale Price

$921k

Metro Melbourne

$797k

Quarterly Price Change

-4.1%

Metro Melbourne

-3.7%

Median Rent

$490

Metro Melbourne

$450

Rental Yield

2.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 33.3% 45.1%
Days on Market 38 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $900,500 $870,000
3 Bedrooms $975,000 $733,000
4 Bedrooms $1,199,500 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $440 $490
3 Bedrooms $500 $420
4 Bedrooms $600 $480

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

Median Sale Price

$560k

Metro Melbourne

$589k

Quarterly Price Change

5%

Metro Melbourne

-1.7%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

3.6%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 33.3% 45.1%
Days on Market 38 42
Median price by Bedrooms Suburb Metro
1 Bedroom $340,000 $370,000
2 Bedrooms $540,000 $571,000
3 Bedrooms $810,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $370
2 Bedrooms $400 $440
3 Bedrooms $500 $521

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