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.
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.
Fetching map data...
Sales snapshot
Preston sales snapshot
Key facts and figures to know before selling
Sale method
* Updated daily for the past 12 months
Auction clearance rate
* Updated daily for the past quarter
76.72%
Median days on market
* Updated daily for the past quarter
24 days
Average hold period
* Updated quarterly for the past 12 months
6.3 years
Property prices
Median house price
Median
* Updated quarterly for the past 12 months
$1.22m
Price change
* Updated quarterly for the past 12 months
3.17%
Median unit price
Median
* Updated quarterly for the past 12 months
$600k
Price change
* Updated quarterly for the past 12 months
0.82%
Quarterly price change
* 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
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