Preston, VIC 3072

Preston, VIC 3072

Compare Part of Darebin

9.06 km
Distance from CBD
28 k
Population

Auction Times

Sat 2 Jul
Auction Time Agency
702/1 High Street
1 1 1 Apartment
10:30 AM
Sat 2nd Jul
Hockingstuart
40 Scotia Street
3 2 2 Townhouse
11:00 AM
Sat 2nd Jul
Nelson Alexander Real Estate
1 Eleanor Street
3 1 2 House
11:00 AM
Sat 2nd Jul
Brace Real Estate
32 Wood Street
3 1 2 House
12:00 PM
Sat 2nd Jul
Barry Plant
5/427-431 Murray Road
2 1 1 Unit
12:00 PM
Sat 2nd Jul
Nelson Alexander Real Estate
17B Dalgety Street
2 2 1 House
12:00 PM
Sat 2nd Jul
Ray White
2 Livingstone Parade
3 2 2 House
1:00 PM
Sat 2nd Jul
Barry Plant
Sat 9 Jul
Auction Time Agency
2/2 Burkitt Court
3 1 1 Unit
10:30 AM
Sat 9th Jul
Harcourts Manningham
39B Goldsmith Avenue
3 2 2 House
11:00 AM
Sat 9th Jul
Whiting & Co Real Estate
12-14 Sheffield Street
6 3 2 House
11:00 AM
Sat 9th Jul
Ray White Preston
16 Cooper Street
4 2 4 House
1:00 PM
Sat 9th Jul
Brace Real Estate
204b/8 Clinch Avenue
3 2 2 Apartment
1:00 PM
Sat 9th Jul
Ray White Preston
Median Sale Price
House
$1.23M
Updated on May 2022
2 BR
$1.16M
3 BR
$1.2M
4 BR
$1.41M
Unit
$630K
Updated on May 2022
1 BR
$401K
2 BR
$612K
3 BR
$890K
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
$1,240,000
+16.5% $593,000 $2,600,000 340
2022
$1,202,000
-3.2% $720,000 $2,320,000 135
Median Sale Price
$1.26M
Based on 314 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+9.0%
Current Median Price: $1,255,000
Previous Median Price: $1,142,000
Based on 577 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$500
Updated on May 2022
2 BR
$440
3 BR
$510
4 BR
$600
Unit
$390
Updated on May 2022
1 BR
$320
2 BR
$390
3 BR
$520
4 BR
$650
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 $2,477 457
2018
$480
0.0% $290 $860 447
2019
$500
+4.0% $150 $895 388
2020
$500
0.0% $250 $1,250 371
2021
$500
0.0% $330 $2,477 383
2022
$525
+4.8% $310 $850 189
Median Rent Price
$510
per week
Based on 369 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+2.0%
Current Median Rent: $510
Previous Median Rent: $500
Based on 762 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $1,255,000
Current Median rent: $510
Based on 683 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Preston

Houses sold in Last 12 months ends 25 Jun 2022

$1.2M

Median Sale Price

83%

Clearance Rate

214/260

Sold/Reported

$2.6M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.8 M - $2 M 5
$1.6 M - $1.8 M 6
$1.4 M - $1.6 M 33
$1.2 M - $1.4 M
(Median Price Range)
47
$1 M - $1.2 M 48
$800 K - $1 M 35
$600 K - $800 K 8

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