20/05/2026
In April, Preston recorded 89 properties for sale, with a median house price of $1,200,000, an average of 26 days on market, and 6,338 active buyers in the area.
With a competitive market and consistent buyer activity, Preston continues to attract strong interest across Melbourne’s north.
For vendors:
Buyer demand remains active, with a solid pool of purchasers in the market. Well-presented homes are continuing to generate attention, particularly those positioned accurately from launch.
For buyers:
With nearly 90 properties on the market, there is a reasonable level of choice. However, with over 6,000 buyers actively looking, decisiveness is still key when the right opportunity appears.
For investors:
Preston continues to show steady long-term performance in house values, making it a consideration for those focused on growth, while entry points remain accessible across different property types.
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Source: Real Estate Australia
