Prestons at a glance
15,548
People
$1,210,000
Median sale
$790/wk
Median rent
3.40%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
2
Car spaces
510 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Prestons (last 5 years) with land size have a median of $2,681/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Prestons at a glance
15,548
People
$1,210,000
Median sale
$790/wk
Median rent
3.40%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $790/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
Prestons at a glance
15,548
People
$1,210,000
Median sale
$790/wk
Median rent
3.40%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Carnes HillWelcome to your dream home, a stunning residence nestled in the vibrant and sought-after heart of Prestons, where comfort, style, and convenience come together to create the perfect living environment for you and your family. Set on a generous 510 sqm regular shape block, the home provides ample space for both relaxation and entertainment.
From the moment you walk through the doors, you are greeted with wide hallways, multiple areas for the family to relax and enjoy the comfort of this sprawling home. As you follow through you are greeted by an open plan kitchen living and dining area which flows effortlessly to the outside living area and concreted yard & well-manicured gardens
Key Features:
* Four spacious bedrooms, master with ensuite and walk-in wardrobe
* Multiple living zones with flexible open-plan design
* Updated kitchen - featuring contemporary finishes for a touch of elegance
* Ample natural light - bright, open spaces throughout
* Study nook - a quiet, designated workspace for work or study needs
* Secure double garage provides ample storage alongside vehicle space.
• Potential rental yield of approximately $1100 per week positions this as a lucrative investment.
• Situated conveniently close to transport, parks, schools, and shops, every convenience is within reach for an effortless lifestyle.
* Large 510qm lot - an impressive yard with endless possibilities
* Prime location - close to top-rated schools, shops, and quick access to M5/M7motorways
Situated in a peaceful, family-friendly neighbourhood, 31 Umbria St, Prestons offers the perfect blend of convenience and comfort. Just a short distance from local parks, reputable schools, and shopping centers this home is ideally located for both families and professionals. Whether you're looking to settle into a welcoming community or find a stylish and functional home, this property checks all the boxes. With its ideal location and exceptional design, it's the perfect place to start your next chapter in Prestons. Don't miss out on this rare opportunity!
Don't miss out the opportunity to call this lovely home yours! Get in touch with Andrew Hanna today for any further details, or to book a viewing!
Disclaimer: Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied) is given to Ray White Carnes Hill or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the purchase of the property
Listing description written by Andrew Hanna, Ray White Carnes Hill — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.