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
| Configuration | Model estimate | Range | Comparable sales |
|---|---|---|---|
| 1-bed unit | $372k | $330k–$421k | 132 |
| 2-bed unit | $583k | $517k–$660k | 132 |
| 3-bed unit | $891k | $783k–$1.02M | 132 |
| 3-bed house | $1.27M | $1.15M–$1.42M | 408 |
| 4-bed house | $1.5M | $1.35M–$1.68M | 408 |
| 5-bed house | $1.55M | $1.36M–$1.78M | 408 |
| 2-bed townhouse | $668k | $602k–$747k | 112 |
| 3-bed townhouse | $968k | $873k–$1.08M | 112 |
| 4-bed townhouse | $1.07M | $968k–$1.2M | 112 |
Modelled from 169,861 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
| Address | Config | Sold | When |
|---|---|---|---|
| 2/108 Albert St | 2 bd · 2 ba | $585,500 | Jul 2025 |
| 10/297 Plenty Rd | 2 bd · 1 ba | $420,000 | May 2025 |
| 2/44 Eton St | 3 bd · 1 ba | $755,000 | May 2025 |
| 5/93-103 High St | 2 bd · 2 ba | $770,000 | May 2025 |
| 303B/8 Clinch Av | 2 bd · 2 ba | $655,000 | May 2025 |
| 16/465 Murray Rd | 2 bd · 1 ba | $743,000 | Mar 2025 |
Houses
| Address | Config | Sold | When |
|---|---|---|---|
| 97 Madeline St | 4 bd · 1 ba | $1,080,000 | Jul 2025 |
| 80 Spring St | 3 bd · 1 ba | $1,035,000 | Jul 2025 |
| 176 Miller St | 5 bd · 3 ba | $1,450,000 | Jul 2025 |
| 41 Sheila St | 2 bd · 1 ba | $1,000,000 | Jun 2025 |
| 50 Victoria St | 3 bd · 1 ba | $1,410,000 | Jun 2025 |
| 40 Penola St | 5 bd · 3 ba | $1,540,000 | Jun 2025 |
Townhouses
| Address | Config | Sold | When |
|---|---|---|---|
| 1/10 Belgrove St | 3 bd · 2 ba | $945,000 | Jun 2025 |
| 40A James St | 2 bd · 1 ba | $942,000 | Jun 2025 |
| 128F Raglan St | 2 bd · 1 ba | $771,000 | May 2025 |
| 1/25-27 Jacka St | 3 bd · 2 ba | $1,100,000 | May 2025 |
| 24B Tynan St | 4 bd · 3 ba | $1,375,000 | May 2025 |
| 1/23 Laha Cr | 3 bd · 2 ba | $714,000 | May 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
Latest quarter $705k (4 sales) · measured trend +2.9%/yr (2-bed like-for-like, 88 sales)
Houses — median sold price by quarter
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
| School | Type | Sector | ICSEA |
|---|---|---|---|
| Bell Primary School | Primary | Government | 1165 |
| East Preston Islamic College | Combined | Independent | 976 |
| Newlands Primary School | Primary | Government | 1146 |
| Northern College of the Arts and Technology | Secondary | Government | 1060 |
| Preston High School | Secondary | Government | 1104 |
| Preston Primary School | Primary | Government | 1113 |
| Preston South Primary School | Primary | Government | 1127 |
| Preston West Primary School | Primary | Government | 1135 |
| Sacred Heart School | Primary | Catholic | 1090 |
| St John's College Preston | Combined | Independent | 1066 |
| Yarra Me School | Special | Government | — |
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
Benchmark series (Domain): week to 2026-09-26 — 52% of 179 reported auctions. Our own tracking (withdrawn counted): week to 2026-09-26 — 45% of 229 scheduled. Lower clearance generally means more room for buyers to negotiate.
Suburb breakdown — trailing 8 weeks, our tracking, withdrawn counted
| Suburb | Clearance | Withdrawn | Auctions |
|---|---|---|---|
| Reservoir | 56% | 13% | 75 |
| Craigieburn | 54% | 8% | 74 |
| Wollert | 58% | 7% | 60 |
| Mount Waverley | 71% | 4% | 55 |
| Richmond | 54% | 7% | 54 |
| Camberwell | 49% | 4% | 51 |
| Bentleigh East | 56% | 13% | 48 |
| Fawkner | 29% | 23% | 48 |
| Balwyn North | 43% | 15% | 47 |
| Epping | 63% | 4% | 46 |
Recent auction addresses in Preston
Every address links to its own page — published results, price estimate, suburb context.
55 Jensen Rd · 257 Gower St · 5 Margtmary Av · 4C Wood St · 94 Murray Rd · 3/35 Spring St · 35 Wilcox St · 13 Parkside Row · 109/356 Bell St · 18 South St · 2/19 Collins St · 2/42 Wood St · 510/378 Bell St · 3/19 Enfield Av · 48 Victoria St · 32 Grandview Rd · 12B Leonard St · 2/19 Austral Av · 9 Scotia St · 5 Ada St · 556-558 Plenty Rd · 404/388 Murray Rd · 54 James St · 2/15 Osborne Gr · 15 Gertrude St · 11 Hay St · 17 Etnam St · 5/30-32 Lyonsville Av · 2/23 Bailey Av · 3 Stott St
All figures derive from published auction results and public data — estimates only, not financial advice.