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 › Charles St
$1,350,000
Last sold
15 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
766 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
$1,350,000
15 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Preston (last 5 years) with land size have a median of $2,330/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
+11.6%
Median sale
Suburb $1,210,000
-0.23 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
UnknownArea
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 Ray White PrestonPositioned in one of West Preston's most tightly held and highly sought-after pockets, 27 Charles Street presents a wonderful opportunity to secure a meticulously maintained family home where comfort, space and lifestyle come together effortlessly. Lovingly cared for by its owner-occupiers, this beautifully presented residence offers warmth, functionality and a genuine sense of home from the moment you arrive.
Designed to accommodate growing families with ease, the home boasts three generous bedrooms, including a privately positioned main bedroom complete with walk-in robe and ensuite. Upstairs, additional bedrooms are serviced by a central bathroom, while a versatile study/retreat provides the perfect space for working from home, a children's play area or a quiet reading nook. Every corner of the home reflects the pride of ownership and thoughtful care invested over the years.
At the heart of the home, a spacious open-plan kitchen, dining and living domain creates the ideal setting for everyday living and entertaining. Filled with natural light and offering seamless flow throughout, this inviting space is complemented by ducted heating and evaporative cooling, ensuring year-round comfort for the entire family. Outside, a private courtyard provides a peaceful setting for entertaining guests, enjoying a morning coffee or simply unwinding at the end of the day.
Location is undoubtedly one of this property's greatest assets. Situated within the highly regarded Preston High School and Preston West Primary School zones, families will appreciate access to the area's most sought-after educational facilities. Leave the car at home and enjoy a lifestyle of absolute convenience, with Gilbert Road's vibrant café culture, bars, restaurants and local shopping all within easy walking distance. Commuters will love the proximity to Tram Route 11 along Gilbert Road, while Preston Train Station is also just moments away, providing effortless access to the CBD and surrounding suburbs.
Complete with a double garage, excellent accommodation and a prized West Preston address, this is a home that offers the perfect balance of lifestyle, comfort and convenience in one of Preston's most desirable neighbourhoods.
A rare opportunity to secure a quality family home in a blue-chip location-this is West Preston living at its finest.
Listing description written by Ian Dempsey, Ray White Preston — reproduced as published, not verified by Districts.
Victoria 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.