Preston, approximately 9 km north of Melbourne’s CBD, has evolved from a working-class suburb into a thriving, multicultural area that is popular with young families and first-home buyers. It offers a rich mix of cultures reflected in its markets, eateries, and local events, anchored by Preston Market and High Street shopping precincts. Well-served by trains, trams, and buses, the suburb also boasts numerous parks and schools, contributing to its growing popularity.

Offices servicing Preston

Jellis Craig Northcote

Office

Your Preston real estate experts

The Jellis Craig Preston real estate team are trusted and highly experienced sales agents that have a reputation for achieving exceptional results for buyers, sellers, and investors. If you are looking to buy, sell or lease a property in Preston, we can provide you with expert advice and assist you in achieving your property goals.

If you are considering selling, your first question would be “What is my home worth?”. The Jellis Craig Preston specialists, have an in-depth knowledge of the suburb and trends that affect property values in Preston. Your team of local are experts can provide you with an estimate of the value of your property by conducting a property appraisal.

Our Preston team also has an expert Property Management division that specialises in leasing property in Preston quickly and to high quality tenants. If you would like to know the rental return that you can expect on your property as a landlord, we can also provide you with a rental appraisal and assist you in finding the ideal tenant.

View current properties for sale in Preston and browse recent sold results to see what houses in Preston are selling for. If you would like to know more about buying, selling, and leasing, or would like to know the value of your property in the current market, contact our Preston experts today.

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Sales snapshot

Preston sales snapshot


Key facts and figures to know before selling

Sale method Info * Updated daily for the past 12 months

Auction clearance rate Info * Updated daily for the past quarter

76.72%

Median days on market Info * Updated daily for the past quarter

24 days

Average hold period Info * Updated quarterly for the past 12 months

6.3 years

Property prices

Median house price

Median Info * Updated quarterly for the past 12 months

$1.22m

Quarterly price change Price change Info * Updated quarterly for the past 12 months

3.17%

Median unit price

Median Info * Updated quarterly for the past 12 months

$600k

Quarterly price change Price change Info * Updated quarterly for the past 12 months

0.82%

Quarterly price change Info * Updated quarterly for the past 12 months

Houses    Units

Suburb Report

Know your postcode

A reliable snapshot of the property market in Preston.

Property listings
  • 71-75 Gilbert Road Preston 3072
    71-75 Gilbert Road, Preston
    9 Bed
    2 Bath
    6 Car
  • 12 Penola Street Preston 3072
    12 Penola Street, Preston
    5 Bed
    3 Bath
    2 Car
  • 39B Gordon Grove Preston 3072
    Inspect: Sat 20 Dec
    39B Gordon Grove, Preston
    4 Bed
    3 Bath
    2 Car
  • 21 Stokes Street Preston 3072
    21 Stokes Street, Preston
    4 Bed
    2 Bath
    2 Car
  • 2 72-74 Chifley Drive Preston 3072
    2/72-74 Chifley Drive, Preston
    395 m2
  • 8A Stokes Street Preston 3072
    8A Stokes Street, Preston
    3 Bed
    2 Bath
    2 Car
Schools

Northland Secondary College

62 Murray Road Preston East

0.4km

Northern School For Autism

80 Tyler Street Preston

0.8km

East Preston Islamic College

55 Tyler Street East Preston

0.9km

Holy Name School

12 Robb Street Reservoir

1.5km

St Pius X School

431 Waterdale Road Heidelberg West

1.6km

Thornbury High School

238 Collins Street Thornbury

1.9km

Reservoir District Secondary College

855 Plenty Road Reservoir

2.0km

Preston Primary School

240 Tyler Street Preston

2.0km

Agents servicing Preston