Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 4/124-126 Tyler Street 2 1 1 Townhouse | 10:00 AM Sat 23rd Nov | Ray White Preston |
 | 20 Brown Street 3 2 2 Townhouse | 10:30 AM Sat 23rd Nov | Nelson Alexander Real Estate |
 | 1/24 Sussex Street 3 1 2 House | 11:00 AM Sat 23rd Nov | Nelson Alexander Real Estate |
 | 3 Hotham Street 5 2 4 House | 11:00 AM Sat 23rd Nov | Nelson Alexander Real Estate |
 | 211 Dundas Street 3 1 2 House | 11:30 AM Sat 23rd Nov | Barry Plant |
 | 76 Pender Street 3 1 0 House | 12:00 PM Sat 23rd Nov | Ray White Preston |
 | 78 Cramer Street 5 2 2 House | 1:00 PM Sat 23rd Nov | Barry Plant |
 | 2 Davies Street 3 1 3 House | 3:00 PM Sat 23rd Nov | Nelson Alexander Real Estate |
 | 12 Jessie Street 6 5 3 House | 3:00 PM Sat 23rd Nov | Ray White |
| 12 Jessie Street 9 5 3 House | 3:00 PM Sat 23rd Nov | Ray White |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 23 Flett Street 2 1 0 House | 10:00 AM Sat 30th Nov | Nelson Alexander Real Estate |
 | 48 Malpas Street 3 1 2 House | 10:30 AM Sat 30th Nov | Barry Plant |
 | 4 Edith Street 2 1 0 House | 10:30 AM Sat 30th Nov | Nelson Alexander Real Estate |
 | 44 Rene Street 4 1 2 House | 11:00 AM Sat 30th Nov | Ray White Preston |
 | 3/640 Bell Street 2 1 1 Unit | 11:00 AM Sat 30th Nov | Ray White |
 | 5/640 Bell Street 3 2 1 Townhouse | 11:30 AM Sat 30th Nov | Ray White |
 | 33 Kendall Street 4 1 1 House | 11:30 AM Sat 30th Nov | Hocking Stuart |
 | 50 Regent Street 4 3 2 Townhouse | 12:00 PM Sat 30th Nov | The Realest Estate |
 | 213 - 215 Dundas Street 6 2 3 House | 12:30 PM Sat 30th Nov | Barry Plant |
 | 147 Bruce Street 2 1 1 House | 1:00 PM Sat 30th Nov | Nelson Alexander Real Estate |
 | 93 Pender Street 3 1 1 House | 1:00 PM Sat 30th Nov | Fletchers |
 | 193A Dundas Street 5 2 2 House | 1:00 PM Sat 30th Nov | Nelson Alexander Real Estate |
 | 126 Bruce Street 3 2 2 House | 1:00 PM Sat 30th Nov | hockingstuart |
 | 98 Malpas Street 3 1 3 House | 1:00 PM Sat 30th Nov | Jellis Craig |
 | 2A Charles Street 3 2 2 House | 1:00 PM Sat 30th Nov | Belle Property |
 | 221/388 Murray Road 2 2 1 Apartment | 1:00 PM Sat 30th Nov | Ray White Preston |
 | 35 Newcastle Street 2 2 1 House | 1:30 PM Sat 30th Nov | Professionals Wallan |
 | 1/35 Newcastle Street 2 2 1 House | 1:30 PM Sat 30th Nov | Professionals Wallan |
 | 204 Miller Street 4 3 2 House | 2:00 PM Sat 30th Nov | Nelson Alexander Real Estate |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $656,000 | +12.7% | $285,000 | $2,415,000 | 415 |
| 2014 | $695,000 | +5.6% | $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 | 343 |
| 2022 | $1,170,000 | -6.5% | $425,000 | $2,320,000 | 267 |
| 2023 | $1,185,000 | +1.3% | $430,000 | $3,090,000 | 298 |
| 2024 | $1,200,000 | +1.3% | $703,000 | $2,707,500 | 272 |
Median Sale Price
$1.22M
Based on 306 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+3.3%
Current Median Price: $1,215,000
Previous Median Price: $1,175,000
Based on 599 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | 343 |
| 2014 | $400 | 0.0% | $240 | $800 | 311 |
| 2015 | $420 | +4.8% | $245 | $800 | 507 |
| 2016 | $430 | +2.3% | $235 | $850 | 474 |
| 2017 | $480 | +10.4% | $250 | $2,477 | 458 |
| 2018 | $485 | +1.0% | $290 | $860 | 447 |
| 2019 | $500 | +3.0% | $150 | $895 | 390 |
| 2020 | $500 | 0.0% | $250 | $1,250 | 372 |
| 2021 | $500 | 0.0% | $330 | $2,477 | 384 |
| 2022 | $530 | +5.7% | $310 | $1,350 | 431 |
| 2023 | $600 | +11.7% | $300 | $1,150 | 328 |
| 2024 | $650 | +7.7% | $280 | $3,034 | 252 |
Median Rent Price
$650
per week
Based on 286 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+7.7%
Current Median Rent: $650
Previous Median Rent: $600
Based on 623 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,215,000
Current Median rent: $650
Based on 592 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Preston
Houses sold in Last 12 months ends 16 Nov 2024
$1.25M
Median Sale Price
67%
Clearance Rate
126/189
Sold/Reported
$2.71M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M | 3 | |
| $1.6 M - $1.8 M | 7 | |
| $1.4 M - $1.6 M | 15 | |
| $1.2 M - $1.4 M (Median Price Range) | 21 | |
| $1 M - $1.2 M | 29 | |
| $800 K - $1 M | 11 | |
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 |