Investing in blocks of units in Preston Vic offers a unique opportunity for investors seeking robust returns in 2026. With its strategic location, diverse population, and growing infrastructure, Preston presents a compelling case for property investment.
- The median sale price for properties in Preston is $660,000, according to CRMBrain 2026.
- ABS data from 2021 reports that rentals constitute 43.4% of the housing market in Preston.
- GeoRisk 2026 notes that Preston has a minimal flood risk and a 7/10 socio-economic index advantage.
What do the numbers say in Preston Vic?
Understanding the numbers is crucial when investing in Preston Vic property. According to CRMBrain 2026, the median sale price for properties is $660,000. With a Walk Score of 100/100, convenience and accessibility are top selling points for this suburb.
The blocks of units in Altona Vic similarly demonstrate potential, showing that unit blocks are a strategic choice in diverse markets.
What are the key considerations?
Investing in blocks of units involves several considerations. As per the Australian Bureau of Statistics (ABS 2021), Preston’s population is 31,753, with owner occupancy at 50.3% and rentals at 43.4%. This high rental percentage indicates strong demand for rental properties.
GeoRisk 2026 highlights that Preston’s dominant zoning supports housing choice and transport, enhancing its appeal. Additionally, with 54 aged-care facilities within a 5km radius and no heritage-listed items nearby, development flexibility is assured.
Why is zoning important?
Zoning regulations dictate the type and intensity of land use. Preston’s zoning supports residential development, making it a fertile ground for constructing and investing in unit blocks.
How does Collings help?
At Collings Real Estate, we offer a comprehensive service to assist investors in unlocking the potential of blocks of units in Preston Vic. Our expert team guides you through every stage, from market analysis to final purchase, ensuring a smooth and profitable investment journey.
We recommend signing up for our off-market portal, giving you exclusive access to properties before they hit the market. This strategic advantage is invaluable in a competitive market.
For more guidance on investing in other areas, explore our guides on blocks of units in Bayswater Vic and blocks of units in Portland Vic.
Frequently asked questions
How are blocks of units in Preston Vic performing in 2026? Preston’s unit blocks continue to attract investors with their accessible price points and rental demand.
What is the rental yield for blocks of units in Preston Vic? With a median rental income of $420 per week as per ABS 2021, rental yields remain competitive and attractive.
What role does Collings Real Estate play in purchasing unit blocks? Collings Real Estate provides end-to-end services ensuring informed investment decisions and successful acquisitions.
Find your next property with Collings
Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.
