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 › Marjorie St
$950,000
Last sold
7 July 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
478 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
$950,000
7 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
-21.5%
Median sale
Suburb $1,210,000
+0.62 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 PrestonPerfectly blending timeless character with warmth, space, and an unforgettable outdoor setting, this beautifully maintained three-bedroom Art Deco residence delivers a lifestyle opportunity in one of Preston's most tightly held pockets. Behind its charming façade and manicured landscaping lies a home filled with natural light, character detail, and a welcoming sense of comfort from the moment you arrive.
Step inside to discover a sunlit and open interior where classic Art Deco features pair effortlessly with practical family living. Generous proportions throughout create a wonderful sense of space, with a warm and inviting living area flowing through to a dedicated dining domain and well-appointed kitchen at the heart of the home. Large windows invite in an abundance of natural light, enhancing the home's airy and uplifting atmosphere throughout the day, while ducted heating and evaporative cooling ensure year-round comfort.
Accommodation includes three well-sized bedrooms, all thoughtfully positioned and serviced by a central bathroom, while an additional study offers flexibility for those working from home or needing extra living space. Every corner of the home carries warmth, charm, and functionality, making it ideal for families, professionals, or buyers looking for a character-filled home with room to grow.
Outside is where this property truly shines. The backyard has been transformed into a private oasis, delivering a tropical holiday feel rarely found this close to the city. Surrounded by lush greenery and beautifully landscaped gardens, the outdoor entertaining area creates the perfect setting to relax, entertain guests, or simply unwind in complete privacy.
Adding further appeal is the exceptional car accommodation and access on offer, including a double garage, additional single carport, and incredibly wide rear laneway access, a rare and highly sought-after feature that provides outstanding practicality and future flexibility.
Positioned in the highly sought-after Preston High School zone and within walking distance to Northland Shopping Centre, Preston Market, and the 86 Tram along Plenty Road, this exceptional residence combines timeless elegance with unbeatable convenience in one of Preston's most connected and rapidly growing locations.
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.