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 › Leicester St
For sale
For sale
3
Bedrooms
2
Bathrooms
2
Car spaces
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 Leader Real Estate AgencyLeader Real Estate is pleased to present a brand new, architecturally designed executive townhouse in a premier Preston location.
This stunning property combines luxury and light-filled living with breathtaking city views. Featuring five-star finishes and a sophisticated layout, this home offers the perfect blend of style and comfort.
Upon entering, you'll find a welcoming lower level with two spacious bedrooms, each featuring built-in robes, a central bathroom, and direct access to a garage.
The first floor is dedicated to open-plan living and dining, complemented by an integrated kitchen. This light-filled area provides ample space for relaxation or entertaining, boasting a classy kitchen with stone benches and stainless steel appliances. The adjoining two (2) balconies are perfect for a morning coffee, offering incredible views of the CBD.
The top floor features a master bedroom with an ensuite, making this residence ideal for families, professionals, or astute investors seeking comfort and convenience. Additional features include year-round comfort with four (4) split-system heating/air-conditioning, hybrid floors, double-glazed windows, window furnishings, and under-stair storage.
Quality craftsmanship is evident throughout, with meticulous attention to detail. This property offers the best of Preston living, with Preston Station, Bell Station, Preston Market, Preston West Primary, and zoning for Preston High School all just moments away.
Here’s a summary of its key features:
* Three spacious bedrooms serviced by two bathrooms.
* Open-plan kitchen, meals, and living area with a connecting balcony overlooking the CBD.
* Tandem garage with internal access.
* Well-connected neighborhood with close proximity to local amenities.
This is a rare opportunity to secure a turnkey property in a blue-chip location.
Don't miss out on securing this golden opportunity! This one won't last.
We are currently taking offers. Please get in touch with Raj Kapoor on 0466 665 613 to arrange a private viewing.
DISCLAIMER: Note: Photos are for illustration purposes only. Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor or agent. Accordingly, all interested parties should make their own inquiries to verify the information.
Due diligence checklist – for home and residential property buyers – http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Raj Kapoor, Leader Real Estate Agency — reproduced as published, not verified by Districts.