PRESTON 3072
State: VICPosiProp AI Investment Summary
PRESTON (VIC 3072) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 3.5%, with a median house buy price of $1,200,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,042,500
$1,215,000
$1,300,000
$1,200,000
Suburb Market Profile
Last month Preston had 159 properties available for rent and 182 properties for sale. Median property prices over the last year range from $1,200,000 for houses to $580,000 for units. If you are looking for an investment property, consider houses in Preston rent out for $710 PW with an annual rental yield of 3.5% and units rent for $570 PW with a rental yield of 5.1%. Preston has seen an annual compound growth rate of 3.5% for houses and 3.6% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC