Preston, VIC 3072

Preston, VIC 3072

Compare Part of Darebin

9.06 km
Distance from CBD
28 k
Population

Auction Times

Wed 27 Jan
Auction Time Agency
85/93-103 High Street
2 2 1 Apartment
6:30 PM
Wed 27th Jan
Hocking Stuart
Sat 30 Jan
Auction Time Agency
2/11 Symons Street
2 1 2 Unit
10:00 AM
Sat 30th Jan
Ray White Preston
402/388 Murray Road
2 2 1 Apartment
12:00 PM
Sat 30th Jan
Ray White Preston
Median Sale Price
House
$1.03M
Updated on Dec 2020
2 BR
$978K
3 BR
$990K
4 BR
$1.25M
Unit
$538K
Updated on Dec 2020
1 BR
$350K
2 BR
$550K
3 BR
$723K
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
$1,185,000
+11.4% $1,185,000 $1,185,000 2
Median Sale Price
$1.05M
Based on 206 recorded sales within the last 12 months
Updated on 22 Jan 2021
Suburb Growth
+6.2%
Current Median Price: $1,050,000
Previous Median Price: $985,000
Based on 445 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$500
Updated on Dec 2020
2 BR
$438
3 BR
$500
4 BR
$645
Unit
$400
Updated on Dec 2020
1 BR
$340
2 BR
$410
3 BR
$510
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 $2,477 455
2018
$480
0.0% $290 $860 443
2019
$500
+4.0% $150 $895 383
2020
$500
0.0% $250 $1,250 363
2021
-
- - - -
Median Rent Price
$500
per week
Based on 348 recorded rent within the last 12 months
Updated on 22 Jan 2021
Rent Price Growth
0.0%
Current Median Rent: $500
Previous Median Rent: $500
Based on 720 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $1,050,000
Current Median rent: $500
Based on 554 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Preston

Houses sold in Last 12 months ends 16 Jan 2021

$1.05M

Median Sale Price

83%

Clearance Rate

105/127

Sold/Reported

$1.73M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.6 M - $1.8 M 1
$1.4 M - $1.6 M 5
$1.2 M - $1.4 M 15
$1 M - $1.2 M
(Median Price Range)
25
$800 K - $1 M 29
$600 K - $800 K 9

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