Market snapshot
Suburb insights for Preston3072
Change suburbMulticultural Preston is a lively mix of new and long-term residents buying produce at Preston Market and soaking up the arts cafes and multicultural vibes. Preston is 9 km north from Melbourne's CBD. Preston is well connected by public transport you can catch a train bus or tram to get around to Preston Market or Northland Shopping Centre quite easily. Preston features Melbourne Polytechnic Preston Campus Preston Oval and delicious food wonders on High Street.
Recent sales and auction results in Preston
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 17 Arthur St, Preston | 3 |  | House (Res) | Auction Sale | 28/03/2025 | Fletchers | |
| 4/18 Bailey Av, Preston | 2 |  | Townhouse (Res) | Passed in at Auction | 28/03/2025 | Jellis Craig - 0 | View |
| 25 Dundas St, Preston | 4 |  | House (Res) | Auction Sale | 28/03/2025 | McGrath Box Hill - 0 | View |
| 36 Kathleen St, Preston | 4 |  | House (Res) | Auction Sale | 28/03/2025 | Ray White | View |
| 1/6 Mount St, Preston | 2 |  | Unit | Auction Sale | 28/03/2025 | Nelson Alexander - 0 | View |
| 9 Newcastle St, Preston | 3 |  | House (Res) | Passed in at Auction | 28/03/2025 | Ray White | View |
| 5 Reidford Av, Preston | 4 | | House (Res) | Passed in at Auction | 28/03/2025 | Ray White | View |
| 16 Roseberry Av, Preston | 3 | | House (Res) | Passed in Vendor Bid | 28/03/2025 | hockingstuart | View |
| 267 Wood St, Preston | 4 |  | House (Res) | Auction Sale | 28/03/2025 | Woodards | View |
| 2/151 Wood St, Preston | 2 |  | Unit | Auction Sale | 28/03/2025 | Nelson Alexander - 0 | View |
| 284-286 Plenty Rd, Preston | 1 |  | House (Res) | Auction Sale | 26/03/2025 | OurAgent Real Estate | View |
| 39 Stott St, Preston | 2 |  | House (Res) | Sold Before Auction | 17/03/2025 | Whitefox Real Estate | View |
| 421/2-10 Plenty Rd, Preston | 2 |  | Unit | Private Sale | 4/03/2025 | Barry Plant | |
| 2/43 Victoria St, Preston | 2 | | Townhouse (Res) | Sold Before Auction | 25/03/2025 | Barry Plant | View |
| 59 George St, Preston | 2 | | House (Res) | Private Sale | 7/03/2025 | Morrison Kleeman | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
1.1%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Preston | Metro comparison |
|---|---|---|
| 2 | $986,000 | $881,200 |
| 3 | $1,170,000 | $810,000 |
| 4 | $1,420,000 | $942,350 |
| Insight | Preston | Metro comparison |
|---|---|---|
| Clearance rate | 80% | 78.5% |
| Days on market | 41 | 42 |
Rental data
Median weekly rent
$650
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Preston | Metro comparison |
|---|---|---|
| 2 | $550 | $580 |
| 3 | $650 | $550 |
| 4 | $855 | $600 |
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