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Real Estate Appraisal Preston VIC 3072

How much is my home worth in Preston?

<p>The median price for a house in Preston is $1,141,750 as of February 9, 2023. The median price for a unit is $581,000.</p><p>There have been 280 houses sold and 243 units sold in the last year. The average annual capital growth for houses is 4.03% and for units, it is 6.98%.</p><p>The 12-month capital growth is -1.25% on houses and for units, it is 0.08%.</p><p>The Demand to Supply Ratio or DSR rating has homes and units as above average. In this market, demand just outnumbers supply.</p><p>This is a favourable market for those looking to implement a value-added approach. Buyers can occasionally get away with making low-ball bids. More frequently than not, sellers obtain the prices they demand. Growth will likely be slightly higher than the national average. It takes on average 31 days to sell a house and 37 days to sell a unit in Preston.</p><p></p><p><b>House prices and rent returns in Preston.</b></p><ul><li>2 bedroom home $1,055,000, Rent per week $470</li><li>3 bedroom home $1,120,000 Rent per week $540</li><li>4 bedroom home $1,360,000, Rent per week $640</li></ul><p><b>Unit prices and rent returns in Preston.</b></p><ul><li>1 bedroom home $365,000, Rent per week $325</li><li>2 bedroom home $596,000, Rent per week $410</li><li>3 bedroom home $782,500, Rent per week $532</li></ul><p>The Preston gross rental yield for houses is 2.39% and for units, it is 3.70%.</p>

Free Real Estate Appraisal Preston

Selling your house in Preston? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Preston

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.

Property Valuation Preston

The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.

If you want to know the value of your Preston home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.

How do we appraise a property in Preston?

<ul><li>Recent property sales history in the Preston district</li><li>Location and the proximity to amenities</li><li>Accessibility of schools and shops</li><li>Comparison of market values</li><li>Condition and size of the property</li></ul>

Want to know what your Preston home is worth?

Recently Sold Properties in Preston

<p><a href="https://www.barryplant.com.au/sold-properties/?status=sold&amp;property_class=residential&amp;listing_type=sale&amp;search_view=location&amp;save_search=false&amp;advanced=false&amp;address_suburb=PRESTON&amp;order_by=-created">View all sold properties in Preston</a></p>

Lifestyle in Preston

<p>Preston is a Melbourne suburb located 9 kilometres north of Melbourne&#x27;s central business area. The City of Darebin is its local government area. Preston has a population of 32,851 people according to the 2016 Census. Neighbouring suburbs include Thornbury, <a href="/real-estate-appraisal-reservoir-vic-3073/">Reservoir</a> and <a href="/real-estate-appraisal-coburg-vic-3058/">Coburg</a>.</p><p>Preston is served by tram, rail, and a large bus network. Bell and Preston train stations, both on the Mernda railway line, provide service to the neighbourhood.</p><p>Preston has a diverse range of dining options, including fine dining and quick cuisine. High Street has recently[when?] undergone a transformation, with several new cafés and eateries emerging and gaining popularity among the area&#x27;s young. In the neighbourhood, speciality cafés and restaurants have opened, attracting people to dine.</p><p>Northland Shopping Centre is where most residents shop. Here you can find all the major brands. There is also a Bunnings outlet for the people who like to DIY and renovate. The <a href="https://www.prestonmarket.com.au/">Preston Market</a> is open from Wednesday to Sunday and you can buy meat, fruit and vegetables.</p>

Schools in Preston

<p>There are 12 schools in Preston.</p><ul><li><a href="http://newlandsps.vic.edu.au/">Newlands Primary School</a></li><li><a href="http://ncat.vic.edu.au/">Northern College of the Arts and Technology</a></li><li><a href="http://www.prestonsouthps.vic.edu.au/">Preston South Primary School</a></li><li><a href="http://www.preston-ps.vic.edu.au/">Preston Primary School</a></li><li><a href="http://phs.vic.edu.au/">Preston High School</a></li><li><a href="http://www.prestonwest.vic.edu.au/">Preston West Primary School</a></li><li><a href="https://www.bellps.vic.edu.au/">Bell Primary School</a></li><li><a href="http://www.yarrame.vic.edu.au/">Yarra Me School</a></li><li><a href="http://www.stjohnspreston.vic.edu.au/">St John&#x27;s College Preston</a></li><li><a href="https://www.shpreston.catholic.edu.au/">Sacred Heart School</a></li><li><a href="http://www.parade.vic.edu.au/">Parade College - Preston Campus</a></li><li><a href="http://www.epic.vic.edu.au/">East Preston Islamic College</a></li></ul>

Preston Real Estate Agent Contact Details

<p>Office: <a>Preston</a><br/>Phone: <a href="tel:03 9478 6344">03 9478 6344</a></p>

Featured suburbs

Reservoir

VIC 3073

Reservoir is a suburb of Melbourne, Victoria, Australia, 12 km north of Melbourne's Central Business District. Its local government area is the City of Darebin and at the 2016 Census, Reservoir had a population of 50,474. It is the largest suburb in Melbourne by land area.

View Suburb Profiles in the City of Darebin