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.
$1,800,000–$1,900,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
4
Car spaces
660 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
$1,800,000–$1,900,000
Asking range · $2,727/m² of land
No recorded sale for this property.
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
+48.8%
Median sale
Suburb $1,210,000
-0.73 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.
Based on the low end of the asking range, not a contract price.
$106,314 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Preston's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ray White PrestonPositioned on a prized corner allotment in one of Preston's most tightly held pockets, 8 Cooper Street presents an exceptional opportunity for families, investors and developers alike. Combining a substantial three-bedroom residence with the rare advantage of rear laneway access, this is a property that delivers immediate comfort while offering outstanding long-term potential. The dual-access nature of the site provides exceptional flexibility, allowing seamless access to the oversized garage while opening the door to future possibilities (STCA). Whether you're searching for your forever family home, or a site with exciting redevelopment prospects, this is an address that offers it all.
The home's spacious floorplan has been thoughtfully designed for comfortable family living, featuring three generous bedrooms, including a privately positioned main suite complete with its own ensuite and walk-in robe. A central family bathroom services the remaining bedrooms, while multiple storage areas throughout the home ensure everyday practicality. Multiple living zones, including a formal lounge and adjoining dining room, provide ample space for families to relax and entertain, while the expansive open-plan kitchen forms the true heart of the home with an abundance of bench space and cabinetry. A large separate laundry further enhances the home's functionality. The home also offers the added versatility of a second kitchen, a cellar beneath the house, and the convenience of an external third toilet. Additional features include ducted heating and evaporative cooling, ensuring year-round comfort.
What truly separates this property from the rest is its corner position with valuable rear laneway access-a feature that is becoming increasingly difficult to find in Preston. For owner-occupiers, it provides effortless vehicle access, additional parking options and everyday convenience without compromising the front streetscape. For developers, the combination of a prominent corner block and rear access significantly enhances the site's versatility and future appeal (STCA), making it a compelling opportunity in a location where quality development sites are becoming increasingly scarce.
Location is another standout feature. Situated within easy walking distance of Preston Station, the iconic Preston Market, and the vibrant High Street shopping, café and dining precinct, every lifestyle convenience is right at your doorstep. Families will also appreciate the property's inclusion within the highly sought-after Preston High School and Preston West Primary School catchment zones, adding another layer of long-term value and appeal to an already exceptional address.
Offering generous proportions, outstanding accessibility, blue-chip positioning and exciting future potential, 8 Cooper Street is a rare opportunity that caters to a wide range of buyers. Whether you're looking to move straight in and enjoy a quality family home, invest in one of Preston's premier pockets, or capitalise on the unique corner block with rear laneway access (STCA), this is a property that promises exceptional rewards both today and well into the future.
Listing description written by Ian Dempsey, Ray White Preston — reproduced as published, not verified by Districts.