Preston
VIC 3072
Preston is a northern suburb in the City of Darebin, about 9 kilometres from the Melbourne CBD. High Street is the main trading strip, with Bell Street forming a major cross-suburban road. The suburb is largely flat, bordered by Darebin Creek, and is served by tram, train and buses.
Preston has an industrial and distribution precinct profile, with warehouses and factories alongside office suites and floors and shopfronts in its established commercial corridors. Thornbury, Fairfield and Northcote are nearby commercial comparisons.
121
Active lease listings
commercial properties
$60,000
Median annual rent
asking rent across all listings
236
Median days on market
across all active listings
Lease rate trend
$241/m² p.a.
Median advertised rate
Up 2.1%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Preston. Drill down to individual listings in MarketBuddy
Listings by sector
53
Industrial, Warehouse and Factories
active lease listings
29
Offices
active lease listings
17
Medical / Consulting
active lease listings
16
Retail and Shops
active lease listings
2
Hotel and Leisure
active lease listings
2
Land and Developments
active lease listings
2
Other
active lease listings
Want to know more?
Explore commercial property insights for Preston in MarketBuddy.
Last updated 26 September 2026