Auction Times
Sat 11 May | Auction Time | Agency | |
|---|---|---|---|
 | 22 Gertrude Street 3 1 1 House | 10:00 AM Sat 11th May | Ray White Preston |
 | 37 Bruce Street 4 2 2 House | 10:30 AM Sat 11th May | Barry Plant |
 | 2/159 Dundas Street 1 1 1 Unit | 11:00 AM Sat 11th May | Nelson Alexander Real Estate |
 | 29 Robeson Street 3 1 1 House | 12:00 PM Sat 11th May | Nelson Alexander Real Estate |
 | 2/18 Mihil Street 3 1 2 House | 12:00 PM Sat 11th May | Barry Plant |
 | 166 Murray Road 3 1 1 House | 12:00 PM Sat 11th May | Ray White Preston |
 | 10 Concord Street 3 1 4 House | 1:00 PM Sat 11th May | Jellis Craig Reservoir |
 | 33B Okeefe Street 4 2 2 House | 1:00 PM Sat 11th May | Barry Plant |
 | 7/2 Bruce Street 2 1 1 Townhouse | 2:00 PM Sat 11th May | Ray White Preston |
 | 1/6 Charles Street 2 1 2 Villa | 2:30 PM Sat 11th May | Barry Plant |
Thu 16 May | Auction Time | Agency | |
|---|---|---|---|
 | 33 Milton Crescent 3 2 2 House | 6:45 PM Thu 16th May | Harcourts |
Fri 17 May | Auction Time | Agency | |
|---|---|---|---|
 | 352 Plenty Road 0 0 0 Residential land | 11:00 AM Fri 17th May | Ray White Preston |
Sat 18 May | Auction Time | Agency | |
|---|---|---|---|
 | 4/10 Osborne Grove 2 1 1 Townhouse | 10:00 AM Sat 18th May | Nelson Alexander Real Estate |
 | 1B Goldsmith Avenue 3 2 1 Townhouse | 10:00 AM Sat 18th May | Jellis Craig Reservoir |
 | 18 Brown Street 2 1 2 Townhouse | 11:00 AM Sat 18th May | Nelson Alexander |
 | 5/133 Bruce Street 2 1 1 Unit | 11:00 AM Sat 18th May | Ray White Preston |
 | 1/12 Mihil Street 2 1 1 Townhouse | 11:00 AM Sat 18th May | Love Real Estate |
 | 5/439 Gilbert Road 3 1 1 Townhouse | 11:00 AM Sat 18th May | Barry Plant |
 | 27a Newcastle Street 3 2 2 House | 11:00 AM Sat 18th May | Barry Plant |
| 18 Brown Street 2 1 2 Townhouse | 11:00 AM Sat 18th May | Nelson Alexander Real Estate |
 | 207 Tyler Street 3 1 3 House | 11:30 AM Sat 18th May | Nelson Alexander Real Estate |
 | 2/25 Cynga Street 2 2 1 Townhouse | 1:00 PM Sat 18th May | Ray White |
 | 16 Spencer Street 3 1 6 House | 3:00 PM Sat 18th May | Ray White Preston |
Sun 19 May | Auction Time | Agency | |
|---|---|---|---|
 | 2/466 Bell Street 2 1 1 Apartment | 10:00 AM Sun 19th May | Harcourts |
 | 5/48 Cooper Street 2 1 1 Unit | 11:15 AM Sun 19th May | Harcourts |
 | 23 Cooper Street 3 1 0 House | 12:30 PM Sun 19th May | Harcourts |
Median Sale Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 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 | $1,271,000 | +6.8% | $743,000 | $2,251,000 | 90 |
Median Sale Price
$1.22M
Based on 308 recorded sales within the last 12 months
Updated on 9 May 2024
Suburb Growth
+7.8%
Current Median Price: $1,215,000
Previous Median Price: $1,120,000
Based on 558 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 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 | $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 | $520 | +3.8% | $310 | $1,350 | 431 |
| 2023 | $600 | +13.3% | $300 | $1,150 | 328 |
| 2024 | $650 | +7.7% | $280 | $2,955 | 91 |
Median Rent Price
$630
per week
Based on 288 recorded rent within the last 12 months
Updated on 9 May 2024
Rent Price Growth
+12.7%
Current Median Rent: $630
Previous Median Rent: $550
Based on 688 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,215,000
Current Median rent: $630
Based on 596 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)
Auction Results For Preston
Houses sold in Last 12 months ends 4 May 2024
$1.27M
Median Sale Price
71%
Clearance Rate
122/173
Sold/Reported
$3.9M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $2 M - $3 M | 2 | |
| $1.8 M - $2 M | 4 | |
| $1.6 M - $1.8 M | 7 | |
| $1.4 M - $1.6 M | 10 | |
| $1.2 M - $1.4 M (Median Price Range) | 24 | |
| $1 M - $1.2 M | 22 | |
| $800 K - $1 M | 15 | |
| $600 K - $800 K | 4 | |
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 |