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.
$1,788,000
Last sold
21 May 2026
4
Bedrooms
2
Bathrooms
3
Car spaces
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
$1,788,000
21 May 2026 · derived via latest_sale
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
+47.8%
Median sale
Suburb $1,210,000
-0.72 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 McGrath IvanhoeSold By McGrath Ivanhoe
A rare opportunity to secure a brand-new home with artistic distinction in a thriving inner-north location. A striking new build that blends contemporary architecture with a curated art piece, delivering refined low-maintenance living in one of the inner north's most connected neighbourhoods. Thoughtfully designed from the ground up, the home showcases clean lines, quality finishes, and an intelligent layout that balances everyday comfort.
A standout feature is the professionally commissioned artwork on the rear brick wall, created by a UK artist. This vibrant mural of native flora and birdlife serves as a stunning backdrop to the outdoor space, adding an adding an invaluable layer of rarity and personality.
Designed for both impact and functionality, this expansive floorplan offers a total of four versatile bedrooms and two designer bathrooms plus a ground-floor powder room. The accommodation is thoughtfully zoned, starting with a flexible ground-floor lounge or study that provides an ideal work-from-home environment. Ascending to the first floor, the home opens into a generous central retreat or rumpus room, creating a second living zone that separates the master wing from the additional family bedrooms. The master suite is truly spacious, serving as a private sanctuary with its own wing. This primary haven features a deep walk-in robe with custom dark cabinetry and a luxurious ensuite boasting floor-to-ceiling tiles, a sleek double vanity, and a large shower. Three further spacious bedrooms, each equipped with built-in robes, are located towards the rear of the upper level, sharing a stunning central bathroom that continues the home's high-end aesthetic with a freestanding bathtub and premium fixtures. Also to note is the 7KW roof top Solar Power system.
The heart of the home is the open-plan living and dining domain on the ground floor, which flows seamlessly into a gourmet kitchen. This culinary space is defined by its stone waterfall island, integrated Haier appliances, and a walk-in pantry for effortless organisation. Beyond the glass sliding doors, the interior transitions to an alfresco timber deck, perfectly positioned beside the lush lawn and the home's signature commissioned mural. Complete with a double garage featuring internal access and a full-sized laundry, this residence offers a sophisticated balance of grand scale and low-maintenance ease.
Ideally positioned for local enjoyment, a stone's throw away from the iconic Preston Market and the culinary delights of the High Street commercial precinct. This vibrant neighbourhood is home to a unique dining scene, featuring local favourites like the retro Japanese vibes of DenDeke, the industrial charm and premium roasts of Red Bean Coffee, and the delicious breakfast brunch offerings at Little Henri. For craft beer enthusiasts and casual diners, the popular Stray Neighbour is also just moments away.
Families will appreciate being centrally located within an exceptional education hub. The property is a short walk from Sacred Heart Primary School (approx. 160m) and Preston South Primary School (approx. 320m), while being perfectly positioned within the highly sought-after Preston High School zone. St John's Greek Orthodox College also offers a convenient Prep-to-Year 12 option just half a kilometer from your front door.
Recreational opportunities are abundant with the expansive greenery of A.G. Davis Park nearby, featuring a basketball court, playground, and designated off-lead areas for dogs. T.W. Blake Park provides further outdoor gym facilities and cricket nets for active residents. Commuting is effortless with Preston Station and Bell Station within easy reach, complemented by the Route 86 tram on Plenty Road and direct bus links to Northland Shopping
Listing description written by Annie Pham, McGrath Ivanhoe — 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.