🏙 Preston · Melbourne VIC

Suburb intelligence from Melbourne's published auction results — all Melbourne suburbs

📡 PropertyEye tracks live listings in Sydney and Brisbane today — Melbourne pages are built from published auction results (2021–2026), our price model and weekly clearance data. Live Melbourne tracking is on the roadmap.

🎯 Price model — what the model says a typical home here achieves at auction

ConfigurationModel estimateRangeComparable sales
1-bed unit$454k$411k–$509k132
2-bed unit$675k$602k–$746k132
3-bed unit$962k$858k–$1.06M132
3-bed house$1.28M$1.14M–$1.42M408
4-bed house$1.45M$1.29M–$1.6M408
5-bed house$1.53M$1.35M–$1.72M408
2-bed townhouse$769k$686k–$850k112
3-bed townhouse$962k$858k–$1.06M112
4-bed townhouse$1.06M$943k–$1.17M112

Modelled from 138,399 Australian auction sales (2021–2026). Melbourne cells run on the base model (suburb prior + configuration + time) without the Sydney-only land/school/transport features — ranges are honest about the wider uncertainty. Estimates from comparable auction results — not valuations or financial advice.

🧾 Recent comparable sales — the real auction results behind the estimates

Units

AddressConfigSoldWhen
2/108 Albert St2 bd · 2 ba$585,500Jul 2025
10/297 Plenty Rd2 bd · 1 ba$420,000May 2025
2/44 Eton St3 bd · 1 ba$755,000May 2025
5/93-103 High St2 bd · 2 ba$770,000May 2025
303B/8 Clinch Av2 bd · 2 ba$655,000May 2025
16/465 Murray Rd2 bd · 1 ba$743,000Mar 2025

Houses

AddressConfigSoldWhen
97 Madeline St4 bd · 1 ba$1,080,000Jul 2025
80 Spring St3 bd · 1 ba$1,035,000Jul 2025
176 Miller St5 bd · 3 ba$1,450,000Jul 2025
41 Sheila St2 bd · 1 ba$1,000,000Jun 2025
50 Victoria St3 bd · 1 ba$1,410,000Jun 2025
40 Penola St5 bd · 3 ba$1,540,000Jun 2025

Townhouses

AddressConfigSoldWhen
1/10 Belgrove St3 bd · 2 ba$945,000Jun 2025
40A James St2 bd · 1 ba$942,000Jun 2025
128F Raglan St2 bd · 1 ba$771,000May 2025
1/25-27 Jacka St3 bd · 2 ba$1,100,000May 2025
24B Tynan St4 bd · 3 ba$1,375,000May 2025
1/23 Laha Cr3 bd · 2 ba$714,000May 2025

Recent sold auction results in Preston from the price model's training set (published Domain results). A sample, not every sale.

💰 What Preston actually sold for — published auction results, quarter by quarter

Units — median sold price by quarter

Q 3 21: $572k (10 sales)Q 4 21: $583k (12 sales)Q 1 22: $640k (13 sales)Q 2 22: $580k (15 sales)Q 3 22: $688k (7 sales)Q 4 22: $670k (7 sales)Q 2 23: $620k (9 sales)Q 3 23: $542k (8 sales)Q 4 23: $602k (14 sales)Q 1 24: $667k (3 sales)Q 2 24: $716k (11 sales)Q 3 24: $550k (7 sales)Q 4 24: $498k (8 sales)Q 1 25: $742k (6 sales)Q 2 25: $705k (4 sales) Q 3 21 Q 2 25 $705k

Latest quarter $705k (4 sales) · measured trend +2.9%/yr (2-bed like-for-like, 88 sales)

Houses — median sold price by quarter

Q 3 21: $1.2M (23 sales)Q 4 21: $1.31M (49 sales)Q 1 22: $1.17M (36 sales)Q 2 22: $1.06M (55 sales)Q 3 22: $1.01M (23 sales)Q 4 22: $1.06M (39 sales)Q 1 23: $1.08M (21 sales)Q 2 23: $1.11M (38 sales)Q 3 23: $1.05M (39 sales)Q 4 23: $1.21M (42 sales)Q 1 24: $1.02M (19 sales)Q 2 24: $1.29M (35 sales)Q 3 24: $1.14M (35 sales)Q 4 24: $1.15M (36 sales)Q 1 25: $1.04M (14 sales)Q 2 25: $1.17M (26 sales)Q 3 25: $1.08M (3 sales) Q 3 21 Q 3 25 $1.08M

Latest quarter $1.08M (3 sales) · measured trend +0.2%/yr (3-bed like-for-like, 300 sales)

Quarterly medians of real published auction results (sold outcomes only). Historical results — not a prediction, valuation or financial advice.

🛡 Crime — recorded criminal incidents, year ending March 2026

Index 100 — well above the Greater Melbourne average (50 = average) · 106.5 key incidents per 1,000 residents · year-on-year -18%

Most recorded: Steal from a motor vehicle (832) · Steal from a retail store (738) · Other theft (442)

Key offences: homicide, assault, sexual offences, robbery, property damage, burglary/break-and-enter, theft (CSA subdivisions A10/A20/A30/A70/B20/B30/B40). Rates are per RESIDENT — suburbs with heavy visitor/entertainment traffic (CBD, nightlife strips) read high on this basis. Source: Crime Statistics Agency (Victoria), criminal incidents year ending March 2026 (CC BY 4.0); populations ABS Census 2021 (SAL).

🎓 Schools in Preston — located in the suburb (ACARA 2025)

In-suburb enrolments 5,427 · 5-year trend +25.9% (surging) — total across the schools below; family demand signal, openings/closures counted

SchoolTypeSectorICSEA
Bell Primary SchoolPrimaryGovernment1165
East Preston Islamic CollegeCombinedIndependent976
Newlands Primary SchoolPrimaryGovernment1146
Northern College of the Arts and TechnologySecondaryGovernment1060
Preston High SchoolSecondaryGovernment1104
Preston Primary SchoolPrimaryGovernment1113
Preston South Primary SchoolPrimaryGovernment1127
Preston West Primary SchoolPrimaryGovernment1135
Sacred Heart SchoolPrimaryCatholic1090
St John's College PrestonCombinedIndependent1066
Yarra Me SchoolSpecialGovernment

Schools whose ADDRESS is in Preston — residents are often zoned to schools in neighbouring suburbs too; check the actual zone for any address at findmyschool.vic.gov.au. ICSEA is the socio-educational advantage of a school's community (national average ~1000) — a demographic measure, not a quality or results score.

🔨 Auction market pace — Melbourne weekly clearance

drag to zoom · double-click to reset

Benchmark series (Domain): week to 2026-08-01 — 54.9% of 448 reported auctions. Our own tracking (withdrawn counted): week to 2026-08-01 — 54% of 506 scheduled. Lower clearance generally means more room for buyers to negotiate.

Suburb breakdown — trailing 8 weeks, our tracking, withdrawn counted

SuburbClearanceWithdrawnAuctions
Craigieburn44%5%102
Reservoir58%5%92
Wollert49%6%79
Tarneit16%25%76
Coburg51%10%68
Preston40%15%68
Glen Waverley60%9%67
Mount Waverley51%5%63
Mickleham30%21%56
Bentleigh East44%12%52

🏠 Recent auction addresses in Preston

Every address links to its own page — published results, price estimate, suburb context.

88 Spring St · 5 Margtmary Av · 4C Wood St · 11 Hay St · 117-119 Gilbert Rd · 42/93-103 High St · 48 Malpas St · 1/27 Sylvester Gr · 20 Victoria St · 289 Plenty Rd · 53A Carlisle St · 7 Sheila St · 2/70 Jensen Rd · 7/427 Murray Rd · 309/388 Murray Rd · 4/247 Gower St · 1/29 Ambon St · 1/7 Mihil St · 3 Etnam St · 2 Tiernan St · 210/18 Gilbert Rd · 648 Plenty Rd · 85C Murray Rd · 15 Ambon St · 1B Hodson St · 152 Murray Rd · 255 Gower St · 19 Wurruk Av · 6 Ruby St · 9A Matlock St

All figures derive from published auction results and public data — estimates only, not financial advice.