City of Darebin
Preston
Preston at a glance
Median house
$1,230,000
Sales data pending
Median unit
$523,800
Sales data pending
Days on market
–
Average to sell
Walk score
100
Walker's paradise
Population
33.8k
Median age 37
About
Welcome to Preston.
Preston is a suburb in Victoria.
Side by side
Compare Preston with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Market
The price of a home here.
Median house price
$1,230,000
+0.0% over the past year. Median unit price $523,800.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$560/wk
Weekly rent (unit)
$550/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$1,230,000
Sales data pending
$523,800
Sales data pending
–
Average days to sell
33,790
Median age: 37
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.37%
Based on $1,230,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20265.46%
Based on $523,800 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
Population
33,790
Median age
37
Family households
–
Lone person
–
Safety
Crime and safety.
5,659
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
100
100
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Preston.
Local schools for Preston
View the catchment for each school to find out more.
Government School Catchment
Preston High School
Yarra Me School
Preston South Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Preston.
- What is the median house price in Preston?
- The median house price in Preston, VIC 3072 is $1,230,000. The median unit price is $523,800. Annual growth is +0.0%.
- What is the Preston postcode?
- Preston is in the 3072 postcode, in VIC, in the City of Darebin region.
- What is the average rent in Preston?
- The median weekly rent for houses is $560, for units it's $550.
- What schools are in Preston?
- There are 20 schools serving Preston on this page, including Preston High School, Sacred Heart School, Yarra Me School.
- How walkable is Preston?
- Preston has a Walk Score of 100 out of 100, very walkable. transit score 100, bike score 100.
- What suburbs are near Preston?
- Preston is close to Sylvester, Reservoir South, Preston West, Preston South, Regent West.
- What is the population of Preston?
- Preston has approximately 33,790 residents. The median age is 37.
Preston
Guides
Surrounding Suburbs
Side by side
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See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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