Preston Real Estate Market Trends

Analyze the real estate market in Preston, Australia with 556 active listings. Current median home price: $400,000.

Preston Market Summary

The Preston real estate market currently has 556 active listings in Australia. The median home price is $400,000, with properties ranging from $1 to $3,950,000.

For sale: 528
For rent: 10
New construction: 8
Avg. bedrooms: 2.5
Active agents: 273

Market Snapshot

556

Active Listings

$400,000

Median Price

528

For Sale

For Rent

Market Overview

Price Range

Minimum	$1
Median	$400,000
Maximum	$3,950,000

Listing Breakdown

Total Active Listings	556
For Sale	528
For Rent	10
New Construction	8

Property Types Available

157-791 sq ft 20,000-300,000 sq ft 3 3,211 sq ft 4,000-9,432 sq ft 4,723 sq ft 4,745 sq ft 5,503 sq ft Acreage / Semi-rural Apartment Apartment / Unit / Flat Ask agent Barn Conversion Bungalow Chalet Character Property Cottage Detached Detached Bungalow Detached house End of Terrace End of terrace house Flat Ground Flat Hotel House Land Maisonette Multi-Family N/A New House & Land None Other Owner Residential Development Rural Semi-Detached Semi-detached bungalow Semi-detached house single family Single Family Residence Studio Terraced Terraced house Townhouse Vacant Land Villa

Property Details Average

2.5

Avg. Bedrooms

1.3

Avg. Bathrooms

273

Active Agents

Frequently Asked Questions

Preston has 556 active listings with a median price of $400,000.

Understanding the Preston Real Estate Market

MLS (Multiple Listing Service): A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
Median price: The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
Days on market (DOM): The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
Price per square foot: Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
Active listing: A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
New construction: A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.

Preston Real Estate Market Trends

Preston Market Summary

Market Snapshot

Market Overview

Price Range

Listing Breakdown

Property Types Available

Property Details Average

2.5

1.3

273

Explore More

Frequently Asked Questions

What is the real estate market like in Preston?

Understanding the Preston Real Estate Market

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