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.
For sale
For sale
2
Bedrooms
1
Bathrooms
1
Car spaces
1,778 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
Asking
No recorded sale price for this property yet.
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.
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
UnknownVictoria 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.
Area
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 URV Estate AgentsURV Estate Agents proudly presents this stylish and contemporary apartment located in the highly sought-after suburb of Preston. Offering an outstanding opportunity for first home buyers, downsizers, professionals and astute investors, this beautifully designed residence combines modern living, functional spaces and a convenient location.
Positioned within a well-maintained three-storey complex, this apartment offers two spacious bedrooms, a central bathroom, a modern kitchen and an open-plan living and dining area complemented by a private balcony.
SPECIFICATIONS:
BEDROOMS: Two generously sized bedrooms offering comfortable accommodation and excellent natural light. Both bedrooms are thoughtfully positioned to provide privacy and functionality, making the home ideal for couples, small families or investors.
BATHROOM: Central bathroom featuring contemporary finishes and a practical layout, providing convenience for residents and guests.
KITCHEN: Modern kitchen designed for both functionality and style, featuring a 20mm benchtop, quality appliances, ample cabinetry and generous preparation space. The kitchen seamlessly connects with the open-plan living and dining area, creating a practical space for everyday living and entertaining.
LIVING & DINING: Spacious open-plan living and dining area providing a versatile and inviting environment for relaxing and entertaining. Large windows allow natural light to flow through the living space, while the seamless connection to the kitchen creates an ideal layout for modern apartment living.
BALCONY: Private balcony providing an additional outdoor living space - perfect for enjoying your morning coffee, unwinding after a long day or entertaining guests.
ADDITIONAL FEATURES: Modern contemporary design, 20mm kitchen benchtop, open-plan living and dining, two spacious bedrooms, central bathroom, private balcony, secure three-storey complex and low-maintenance living.
LOCATION AMENITIES:
-Approx. 2 Minutes' drive to Preston Market and the vibrant High Street shopping and dining precinct
-Approx. 5 Minutes' drive to Northland Shopping Centre
-Approx. 6 Minutes' drive to Sacred Heart Primary School & Melbourne Institute of Higher Education
-Approx. 6 Minutes' drive to Bunnings, Woolworths, ALDI, Subway, Northcote Public Golf Course
-Approx. 7 Minutes' drive to McDonald's
-Approx. 10 Minutes' drive to Railway Station
-Approx. 21 Minutes' drive to Melbourne CBD
Whether you're looking for your first home, a low-maintenance residence or a quality investment opportunity, this apartment delivers the perfect combination of modern living and convenience in one of Melbourne's established inner-north suburbs.
A PERFECT OPPORTUNITY FOR FIRST HOME BUYERS, DOWNSIZERS, PROFESSIONALS OR INVESTORS SEEKING A LOW-MAINTENANCE APARTMENT IN A HIGHLY CONVENIENT PRESTON LOCATION.
Before making an offer, buyers should conduct their own due diligence and make all necessary enquiries.
Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Don't miss out! Call: Achal Arora on 0432 413 929 or Ronnie Ahuja on 0466 040 459
DISCLAIMER: This advertisement and all information contained herein are provided solely for general marketing purposes and do not constitute a representation, warranty, guarantee, advice, or statement of fact. All images, descriptions, dimensions, figures, plans, projections, and other information are indicative only, subject to change without notice, and must not be relied upon. Any references to land size, boundaries, floor area, zoning, planning controls, development potential, subdivision potential, renovation potential, future use, rental return, investment performance, or matters subject to council, statutory, regulatory, or third-party approval are speculative only and subject to independent verification. URV Estate Agents and its representatives make no representation or warranty, express or implied, as to the accuracy, completeness, legality, suitability, or reliability of any information provided, and no employee or representative has authority to make any representation or guarantee on behalf of the agency. Interested parties must rely solely upon their own independent enquiries, inspections, searches, due diligence, and professional advice and must not rely upon any advertisement, statement, or representation made by URV Estate Agents or its representatives. To the maximum extent permitted by law, URV Estate Agents disclaims all liability arising from any reliance upon the information contained herein.
Listing description written by Achal Arora, URV Estate Agents — reproduced as published, not verified by Districts.