Preston at a glance
37,702
People
$1,210,000
Median sale
$520/wk
Median rent
2.23%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
VIC › Preston › Highview Rd
$1,335,000
Last sold
23 May 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
560 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,335,000
23 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Preston (last 5 years) with land size have a median of $2,172/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Preston at a glance
37,702
People
$1,210,000
Median sale
$520/wk
Median rent
2.23%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Preston
+10.3%
Median sale
Suburb $1,210,000
-0.20 pp
Gross yield
Suburb 2.23%
Suburb median $1,210,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $520/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Preston at a glance
37,702
People
$1,210,000
Median sale
$520/wk
Median rent
2.23%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Reservoir**SOLD BY ROSS KONTOSSIS 0413 224 811**
Step beyond the leafy frontage and into a home where timeless Art Deco elegance meets relaxed family living. Framed by lush, established gardens and private hedging, this beautifully maintained residence offers a sanctuary of space, character and comfort.
A grand central entrance sets the tone, welcoming you into a wide hallway adorned with rich timber features and exquisite original leadlight windows that filter soft natural light throughout the home. Classic charm continues into the separate living and dining domains, where a built-in fireplace creates a warm and inviting atmosphere-perfect for both quiet evenings and entertaining guests.
The home's thoughtfully designed layout includes three generously sized bedrooms and two well-appointed bathrooms, offering flexibility for families or those seeking extra space. At its heart, a spacious kitchen is equipped with stainless steel appliances, a dishwasher, and abundant storage, seamlessly connecting to the full-size laundry and flowing through to the expansive lounge room-the true hub of the home.
Here, everyday living meets effortless indoor-outdoor connection. Stunning pitched rear windows frame garden views and open onto a covered alfresco area, ideal for year-round entertaining. Beyond, the landscaped backyard unfolds into a private oasis, complete with a tranquil pond, swimming pool, and mature greenery that enhances the sense of seclusion.
Additional features further elevate the home's appeal, including ducted heating and cooling, ceiling fans, a rainwater tank, and a versatile enclosed side patio perfect for storage. A separate driveway leads through to secure fencing, providing ample off-street parking for multiple vehicles.
Perfectly positioned for lifestyle convenience, the home is moments from public transport along Plenty Road, the vibrant cafés and restaurants of High Street, Preston Market, local parks, Northland Shopping Centre, and a wide selection of quality primary and secondary schools.
Combining enduring character with modern functionality, this exceptional Art Deco residence offers a rare opportunity to secure a home of warmth, style and substance in a highly sought-after location.
Listing description written by Ross Kontossis, Barry Plant Reservoir — reproduced as published, not verified by Districts.