Preston, VIC 3072

Preston, VIC 3072

Compare Part of Darebin

9.06 km
Distance from CBD
28 k
Population

Auction Times

Sat 3 Dec
Auction Time Agency
108 Albert Street
2 1 1 Townhouse
2:00 PM
Sat 3rd Dec
Ray White Preston
Median Sale Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$545,000
0.0% $180,000 $2,230,000 281
2010
$625,000
+12.8% $255,000 $2,350,000 306
2011
$610,250
-2.4% $357,000 $4,300,000 270
2012
$572,500
-6.6% $189,000 $1,500,000 278
2013
$655,500
+12.7% $285,000 $2,415,000 415
2014
$695,000
+5.7% $385,000 $1,370,000 344
2015
$790,000
+12.0% $340,000 $2,400,000 305
2016
$880,000
+10.2% $375,000 $3,350,000 289
2017
$1,000,500
+12.0% $1,000 $3,000,000 251
2018
$995,000
-0.6% $457,000 $3,600,000 223
2019
$971,000
-2.5% $1,155 $3,120,000 239
2020
$1,035,795
+6.3% $502,000 $1,837,500 209
2021
$1,246,000
+16.9% $593,000 $2,600,000 341
2022
$1,175,000
-6.0% $425,000 $2,320,000 242
Median Sale Price
$1.18M
Based on 278 recorded sales within the last 12 months
Updated on 2 Dec 2022
Suburb Growth
-2.3%
Current Median Price: $1,180,000
Previous Median Price: $1,207,000
Based on 608 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$390
0.0% $185 $3,930 323
2012
$380
-2.6% $210 $800 389
2013
$400
+5.0% $230 $720 342
2014
$400
0.0% $240 $800 310
2015
$420
+4.8% $245 $800 507
2016
$430
+2.3% $235 $850 474
2017
$480
+10.4% $250 $2,477 458
2018
$480
0.0% $290 $860 447
2019
$500
+4.0% $150 $895 390
2020
$500
0.0% $250 $1,250 372
2021
$500
0.0% $330 $2,477 384
2022
$510
+2.0% $310 $1,350 365
Median Rent Price
$510
per week
Based on 388 recorded rent within the last 12 months
Updated on 2 Dec 2022
Rent Price Growth
+2.0%
Current Median Rent: $510
Previous Median Rent: $500
Based on 781 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,180,000
Current Median rent: $510
Based on 666 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

Auction Results For Preston

Houses sold in Last 12 months ends 26 Nov 2022

$1.15M

Median Sale Price

76%

Clearance Rate

199/264

Sold/Reported

$2.18M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.8 M - $2 M 4
$1.6 M - $1.8 M 5
$1.4 M - $1.6 M 21
$1.2 M - $1.4 M 41
$1 M - $1.2 M
(Median Price Range)
51
$800 K - $1 M 39
$600 K - $800 K 9
$400 K - $600 K 2

Schools closest to Preston, VIC 3072

School name Address Type Sector Distance
Sacred Heart Primary School 1 CLIFTON GVEPreston 3072 Primary Catholic 0.69 km
Preston West Primary SchoolTop 50 383 MURRAY ROADPreston 3072 Primary Government 0.74 km
St John's Greek Orthodox CollegeTop 100 21-27 RAILWAY PLPreston 3072 Combined Independent 1.02 km
Preston South Primary School 56B HOTHAM STREETPreston 3072 Primary Government 1.07 km
Preston Primary School 240 TYLER STREETPreston 3072 Primary Government 1.14 km
St Raphael's Primary School COOPER STPreston 3072 Primary Catholic 1.13 km
Charles La Trobe P-12 College The Pavilion Campus – Preston East Preston 3072 Combined Government 1.26 km
Bell Primary School 78A OAKOVER ROADPreston 3072 Primary Government 1.53 km
Holy Name School 12 ROBB STReservoir 3073 Primary Catholic 1.61 km
Thornbury Primary School HUTTON STREETThornbury 3071 Primary Government 1.91 km