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.
$1,250,000
Last sold
5 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
315 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
$1,250,000
5 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Prestons (last 5 years) with land size have a median of $2,680/m² of land (n=94). 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.
Vs Prestons
+3.3%
Median sale
Suburb $1,210,000
-0.11 pp
Gross yield
Suburb 3.40%
Suburb median $1,210,000 from 51 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
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 Urban Land HousingPrestons specialist Jordan Byrne proudly presents a home where space, comfort and family living come together in perfect harmony.
Nestled in a quiet and tightly held pocket, 32 Arras Place, Prestons is more than just a house - it's a place where memories are made. From the moment you arrive, there's an immediate sense of warmth and belonging, with a welcoming façade that invites you inside.
Step through the door and you're greeted by light-filled interiors and a thoughtfully designed layout that effortlessly adapts to the rhythm of everyday life. Whether it's quiet nights in or lively weekend gatherings, the multiple living areas provide the perfect balance of connection and retreat for the whole family.
At the heart of the home, the kitchen becomes a place to come together-overlooking the open plan living and dining space where conversations flow as easily as the natural light. From here, the home opens out to a generous covered patio, creating the perfect setting for long summer evenings, family barbecues, and celebrations with friends.
Upstairs, a true sense of retreat awaits. The master suite offers a peaceful escape, complete with its own ensuite, walk-in wardrobe and private balcony-perfect for enjoying your morning coffee or unwinding at the end of the day. The additional bedrooms are all generously sized, giving everyone their own space to relax and recharge, while the upstairs living area becomes the ideal kids' zone or quiet retreat.
Downstairs, a dedicated home office provides the flexibility for modern living-whether working from home, studying, or creating your own private space.
Other features you'll love:
– Four impossibly large bedrooms
– A master retreat with walk-in robe, ensuite and private balcony
– Grand presence on the high side of the street
– Two full bathrooms including ensuite and downstairs powder room
– Internal laundry with internal and external access
– Multiple living areas for both entertaining and quiet relaxation
– A central kitchen that connects the heart of the home
– Seamless indoor-outdoor flow to a large covered entertaining area
– Dedicated home office ideal for modern lifestyles or fifth bedroom
– Double garage with internal access for everyday convenience
– A cul-de-sac family-friendly setting close to everything you need
Situated in one of Prestons most sought-after pockets, this home offers a perfect balance of convenience and peaceful suburban living, with essential amenities all within easy reach.
Key location highlights include:
– Approximately 1.3 km to Amity College Prestons Campus
– Approximately 2.1 km to Prestons Public School
– Approximately 3.2 km to Casula High School
– Approximately 2.6 km to Prestons Shopping Village
– Approximately 4.5 km to Casula Mall
– Approximately 5.0 km to Edmondson Park Station
– Approximately 5.3 km to Ed Square Town Centre
– Approximately 6.8 km to Westfield Liverpool
– Convenient access to the M5 and M7 Motorways within a few minutes drive
Contact Jordan Byrne on 0412 868 243 to inspect the property today. This opportunity is not to be missed!
Want to stay up to date with any future updates and coming listings and for any off market opportunities ? Follow me on Instagram below !
https://www.instagram.com/jordan.urbanrealestate?
igsh=MWU3enF1YTJ6emFqNg%3D%3D&utm_source=qr
Jordan.urbanrealestate
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. Images & Furnishing are for illustrative purposes only and do not represent the final product or finishes. For inclusions refer to the inclusions in the contract of sale. Areas are approximate. All parties are advised to seek full independent legal and professional advice and investigations and or STCA prior to any action or decision.
Listing description written by Jordan Byrne, Urban Land Housing — 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.