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
3/70 Jensen Rd, PRESTON 2 Townhouse (Res) Auction Sale 15/08/2020 Harcourts Rata & Co
12 Stott St, PRESTON 3 House (Res) Auction Sale 15/08/2020 Stockdale & Leggo Reservoir
1/241 Wood St, PRESTON 2 Villa Auction Sale 15/08/2020 hockingstuart
217 Wood St, PRESTON 3 House (Res) Private Sale 10/08/2020 Ray White

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

Median Sale Price

$1.04mil

Metro Melbourne

$864k

Quarterly Price Change

2.8%

Metro Melbourne

-3.5%

Median Rent

$500

Metro Melbourne

$470

Rental Yield

2.5%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 78.6% 66.1%
Days on Market 33 39
Median price by Bedrooms Suburb Metro
2 Bedrooms $885,500 $910,250
3 Bedrooms $1,011,000 $760,000
4 Bedrooms $1,245,500 $910,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $438 $500
3 Bedrooms $515 $440
4 Bedrooms $660 $495

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

Median Sale Price

$565k

Metro Melbourne

$621k

Quarterly Price Change

-11.4%

Metro Melbourne

-2.5%

Median Rent

$420

Metro Melbourne

$430

Rental Yield

3.6%

Metro Melbourne

3.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 78.6% 66.1%
Days on Market 33 39
Median price by Bedrooms Suburb Metro
1 Bedroom $335,000 $385,000
2 Bedrooms $572,500 $591,000
3 Bedrooms $785,000 $785,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $360 $370
2 Bedrooms $425 $450
3 Bedrooms $520 $525

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