Auction Times
Sat 26 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 20 Davis Street 3 2 2 House | 10:00 AM Sat 26th Jun | Nelson Alexander Real Estate |
 | 18 Youngman Street 4 2 4 House | 10:30 AM Sat 26th Jun | Hocking Stuart |
 | 10/39 Mt Pleasant Road 3 2 2 House | 11:00 AM Sat 26th Jun | Nelson Alexander Real Estate |
 | 79 Wood Street 3 2 2 Townhouse | 11:00 AM Sat 26th Jun | Ray White Preston |
 | 2/23 Hawker Avenue 3 2 2 Townhouse | 11:00 AM Sat 26th Jun | hockingstuart |
 | 2 Victoria Street 4 1 2 House | 11:00 AM Sat 26th Jun | Barry Plant |
 | 28 Hope Street 2 1 1 House | 12:00 PM Sat 26th Jun | Hocking Stuart |
 | 145 Wood Street 3 1 1 House | 12:00 PM Sat 26th Jun | Nelson Alexander Real Estate |
 | 504/501-503 Plenty Road 2 2 1 Apartment | 2:00 PM Sat 26th Jun | Ray White Preston |
 | 7B Carlisle Street 2 2 2 Townhouse | 2:00 PM Sat 26th Jun | EJ Love Real Estate |
 | 52 Malpas Street 4 2 2 House | 2:00 PM Sat 26th Jun | hockingstuart |
 | 10 Edith Street 3 1 2 House | 2:00 PM Sat 26th Jun | Jellis Craig |
 | 313/43 High Street 2 1 1 Apartment | 2:30 PM Sat 26th Jun | Nelson Alexander Real Estate |
 | 783 Bell Street 3 1 2 House | 3:00 PM Sat 26th Jun | Jellis Craig |
 | 532 Bell Street 3 1 3 House | 3:00 PM Sat 26th Jun | Ray White Preston |
 | 57 Jensen Road 2 1 2 House | 3:30 PM Sat 26th Jun | hockingstuart |
Mon 28 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 5/7 Bartlett Street 2 1 1 Unit | 6:00 PM Mon 28th Jun | Ray White |
Wed 30 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 4/427-435 Gilbert Road 2 1 1 Unit | 6:30 PM Wed 30th Jun | Nelson Alexander Real Estate |
Sat 3 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 4/5 Tasman Street 2 1 1 Apartment | 10:00 AM Sat 3rd Jul | Hocking Stuart |
 | 14 Kallista Court 2 1 2 Townhouse | 10:00 AM Sat 3rd Jul | Ray White Preston |
 | 17 Osborne Grove 3 1 3 House | 11:00 AM Sat 3rd Jul | Ray White Preston |
 | 130 Bruce Street 3 1 2 House | 11:00 AM Sat 3rd Jul | hockingstuart |
 | 24B Tynan Street 4 3 2 House | 11:00 AM Sat 3rd Jul | Nelson Alexander Real Estate |
 | 7/480 Gilbert Road 2 2 1 Townhouse | 11:00 AM Sat 3rd Jul | Raine & Horne |
 | 50 Wilcox Street 3 2 2 House | 11:00 AM Sat 3rd Jul | Nelson Alexander Real Estate |
 | 9 Pender Street 3 1 1 House | 12:00 PM Sat 3rd Jul | Jellis Craig |
 | 32 Stott Street 4 1 1 House | 12:30 PM Sat 3rd Jul | Brace Real Estate |
 | 17A Dunstan Street 4 2 2 House | 12:30 PM Sat 3rd Jul | Nelson Alexander Real Estate |
 | 45 Dunstan Street 3 1 3 House | 1:30 PM Sat 3rd Jul | Nelson Alexander Real Estate |
 | 2/613 Plenty Road 2 2 1 Apartment | 2:00 PM Sat 3rd Jul | Ray White Preston |
 | 13b Taunton Avenue 4 4 2 House | 4:00 PM Sat 3rd Jul | Ray White Preston |
Median Sale Price
House
$1.1M
Updated on Apr 2021
2 BR $955K | 3 BR $1.09M | 4 BR $1.25M |
Unit
$625K
Updated on Apr 2021
1 BR $365K | 2 BR $619K | 3 BR $772K |
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 | $655,000 | +12.6% | $285,000 | $2,415,000 | 415 |
| 2014 | $695,000 | +5.8% | $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 | 238 |
| 2020 | $1,050,000 | +7.5% | $502,000 | $1,725,000 | 208 |
| 2021 | $1,200,000 | +12.5% | $700,000 | $2,150,000 | 142 |
Median Sale Price
$1.15M
Based on 251 recorded sales within the last 12 months
Updated on 24 Jun 2021
Suburb Growth
+8.6%
Current Median Price: $1,145,000
Previous Median Price: $1,047,000
Based on 509 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$500
Updated on May 2021
2 BR $420 | 3 BR $500 | 4 BR $580 |
Unit
$390
Updated on May 2021
1 BR $320 | 2 BR $400 | 3 BR $500 | 4 BR $700 |
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 | 388 |
| 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 | 456 |
| 2018 | $480 | 0.0% | $290 | $860 | 445 |
| 2019 | $500 | +4.0% | $150 | $895 | 387 |
| 2020 | $500 | 0.0% | $250 | $1,250 | 369 |
| 2021 | $500 | 0.0% | $330 | $950 | 168 |
Median Rent Price
$500
per week
Based on 364 recorded rent within the last 12 months
Updated on 24 Jun 2021
Rent Price Growth
0.0%
Current Median Rent: $500
Previous Median Rent: $500
Based on 730 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $1,145,000
Current Median rent: $500
Based on 615 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Preston
Houses sold in Last 12 months ends 19 Jun 2021
$1.13M
Median Sale Price
87%
Clearance Rate
148/171
Sold/Reported
$2.05M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 16 | |
| $1.2 M - $1.4 M | 30 | |
| $1 M - $1.2 M (Median Price Range) | 32 | |
| $800 K - $1 M | 31 | |
| $600 K - $800 K | 10 | |
| $400 K - $600 K | 2 | |
Similar Suburbs to Preston 3072
Based on median house sale price sold in last 12 months
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 |