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
1/70 Bruce St, Preston 1 Apartment Auction Sale 25/02/2024 THE BISI AGENT
52 Goldsmith Av, Preston 3 House (Res) Auction Sale 24/02/2024 RT Edgar Northside
12 Leicester St, Preston 3 House (Res) Sold Before Auction 22/02/2024 RT Edgar Northside
19A Union St, Preston 4 House (Res) Sold Before Auction 22/02/2024 Nelson Alexander
59A Mcnamara St, Preston - House (Res) Sold Before Auction 24/02/2024 Barry Plant
5 Malpas St, Preston 3 House (Res) Sold Before Auction 17/02/2024 Nelson Alexander

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$1.22m

Metro Melbourne

$909k

Quarterly Price Change

2.5%

Metro Melbourne

-2.2%

Median Rent

$595

Metro Melbourne

$550

Rental Yield

2.6%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 71.1% 72.5%
Days on Market 48 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $941,500 $920,000
3 Bedrooms $1,186,262 $815,000
4 Bedrooms $1,530,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $535 $540
3 Bedrooms $600 $500
4 Bedrooms $740 $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$528k

Metro Melbourne

$633k

Quarterly Price Change

-19.2%

Metro Melbourne

-0.1%

Median Rent

$475

Metro Melbourne

$500

Rental Yield

4.1%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 71.1% 72.5%
Days on Market 48 40
Median price by Bedrooms Suburb Metro
1 Bedroom $360,000 $370,000
2 Bedrooms $600,000 $600,000
3 Bedrooms $900,500 $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $398 $420
2 Bedrooms $480 $520
3 Bedrooms $650 $600

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