Auction Times
Sat 24 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 1-4 500 Gilbert Road 9 4 4 Unitblock | 11:00 AM Sat 24th Apr | Ray White |
 | 174 Raglan Street 2 1 1 House | 11:00 AM Sat 24th Apr | Stockdale & Leggo |
 | 1/38 Eton Street 2 2 1 Unit | 11:00 AM Sat 24th Apr | Upside |
 | 3/33 Newcastle Street 2 1 1 Townhouse | 11:00 AM Sat 24th Apr | Ray White Preston |
 | 2/22 Preston Street 2 2 1 Townhouse | 11:30 AM Sat 24th Apr | Nelson Alexander Real Estate |
 | 3 Newcastle Street 3 1 3 House | 12:00 PM Sat 24th Apr | Ray White Preston |
 | 148 Tyler Street 3 1 5 House | 2:00 PM Sat 24th Apr | Ray White Preston |
 | 18 Mutimer Street 3 2 2 House | 3:00 PM Sat 24th Apr | Nelson Alexander Real Estate |
Sat 1 May | Auction Time | Agency | |
|---|---|---|---|
 | 5/63-65 Roseberry Avenue 2 1 1 Apartment | 10:00 AM Sat 1st May | Nelson Alexander Real Estate |
 | 3/12 Cormac Street 2 2 1 Unit | 10:30 AM Sat 1st May | Nelson Alexander Real Estate |
 | 303/95 Wilcox Street 2 1 1 Unit | 11:00 AM Sat 1st May | Barry Plant |
 | 20/37 Cramer Street 3 2 2 Townhouse | 11:00 AM Sat 1st May | hockingstuart |
 | 4/10 Osborne Grove 2 1 1 Townhouse | 11:00 AM Sat 1st May | Barry Plant |
 | 34 Collins Street 3 1 3 House | 12:30 PM Sat 1st May | hockingstuart |
 | 27 Stephen Street 4 2 2 House | 12:30 PM Sat 1st May | Nelson Alexander Real Estate |
 | 5/104 Regent Street 2 1 1 Townhouse | 1:00 PM Sat 1st May | Brace Real Estate |
 | 12 Stafford Street 6 2 6 House | 1:00 PM Sat 1st May | Nelson Alexander Real Estate |
 | 2/2 Tynan Street 3 1 2 Unit | 1:30 PM Sat 1st May | Nelson Alexander Real Estate |
 | 422-426 Bell Street 1 1 1 House | 2:00 PM Sat 1st May | Ray White Preston |
 | 257 Gilbert Road 5 3 5 House | 2:30 PM Sat 1st May | Nelson Alexander Real Estate |
 | 7/7 Cooma Street 1 1 1 Apartment | 2:30 PM Sat 1st May | hockingstuart |
Median Sale Price
House
$1.05M
Updated on Feb 2021
2 BR $988K | 3 BR $1M | 4 BR $1.24M |
Unit
$580K
Updated on Feb 2021
1 BR $351K | 2 BR $580K | 3 BR $760K |
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 | $621,000 | +12.2% | $255,000 | $2,350,000 | 306 |
| 2011 | $610,250 | -1.8% | $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 | $1,000,000 | -0.1% | $457,000 | $3,600,000 | 223 |
| 2019 | $971,000 | -3.0% | $1,155 | $3,120,000 | 238 |
| 2020 | $1,050,000 | +7.5% | $502,000 | $1,725,000 | 208 |
| 2021 | $1,210,000 | +13.2% | $705,000 | $2,150,000 | 84 |
Median Sale Price
$1.1M
Based on 232 recorded sales within the last 12 months
Updated on 20 Apr 2021
Suburb Growth
+7.7%
Current Median Price: $1,100,000
Previous Median Price: $1,015,000
Based on 481 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$500
Updated on Mar 2021
2 BR $420 | 3 BR $500 | 4 BR $600 |
Unit
$395
Updated on Mar 2021
1 BR $330 | 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 | 444 |
| 2019 | $500 | +4.0% | $150 | $895 | 386 |
| 2020 | $500 | 0.0% | $250 | $1,250 | 369 |
| 2021 | $500 | 0.0% | $330 | $950 | 106 |
Median Rent Price
$500
per week
Based on 376 recorded rent within the last 12 months
Updated on 20 Apr 2021
Rent Price Growth
0.0%
Current Median Rent: $500
Previous Median Rent: $500
Based on 736 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,100,000
Current Median rent: $500
Based on 608 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Preston
Houses sold in Last 12 months ends 17 Apr 2021
$1.1M
Median Sale Price
87%
Clearance Rate
127/146
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 | 11 | |
| $1.2 M - $1.4 M | 22 | |
| $1 M - $1.2 M (Median Price Range) | 28 | |
| $800 K - $1 M | 26 | |
| $600 K - $800 K | 9 | |
| $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 |