Home / Preston
Preston is one of the larger suburbs in Darebin, stretching east to Darebin Creek and taking in everything from Edwardian and interwar houses to postwar brick homes, 1950s and 1960s Housing Commission stock and new apartments. In 2022 the rail line was raised over Oakover Road, Bell Street, Cramer Street and Murray Road, with new Bell and Preston stations on the Mernda line. Median house prices are around $1.3 million (REIV, March quarter 2026).
Preston Market remains the heart of the suburb. In 2023 the state government introduced planning controls and a heritage overlay that protect much of the market and cap the site at around 1,200 dwellings. For a Preston buyers agent, the work is separating the streets that benefit from all this change from those that will simply absorb its traffic and density.
Thirty minutes on your brief, your budget and the streets and property types that genuinely fit it. No obligation.
We inspect, shortlist and run the due diligence, including homes that sell quietly and never reach the portals.
We set the price strategy, negotiate or bid on your behalf, and manage the contract through to settlement.
Preston is big enough that suburb averages are close to useless. West Preston, served by the route 11 tram, has a different buyer pool from East Preston near Darebin Creek, and Bell Street is a hard dividing line for noise and traffic. Price each pocket on its own sales.
Check what sits around the property. Former Housing Commission land, apartment sites near the stations and the market precinct can all bring change to a quiet street. Homes beside the raised rail line gained open space beneath it, but also trains passing at upper-floor height. The opportunity is in solid original houses on full blocks in streets where neighbours have already renovated, which often sell below their potential to buyers who look past the presentation.
The streets near the sought secondary zones and the leafier west.
High Street, Bell Street and Plenty Road frontages.
A renovated period home in a sought-after school zone.
Overlooking how much school zoning varies across Preston.
Preston Market, High Street and local reserves.
Local government schools serve the area, with parts near sought secondary zones. Confirm zoning at findmyschool.vic.gov.au.
If Preston is out of reach: Reservoir or Thornbury.
We take on a limited number of clients at a time, so every brief gets a director’s full attention. Book a free, no-obligation strategy call and we will map out your Preston search together.
Book a free strategy callA young family engaged our full buyers advocacy service to buy their first home in Preston. Their brief was clear: a family-friendly property with a backyard, good walkability to local amenities, and scope to renovate and add value over time. We identified a suitable home heading to auction and moved early, negotiating directly with the selling agent to secure it before auction day. The pre-auction strategy gave our clients certainty and removed the stress and risk of competing under the hammer.
Whether you’re buying or investing in Preston or the wider inner north, our local knowledge and negotiation experience help clients secure opportunities both on and off market.
Many of our purchases never reach the open market.
Posted on Google![]()
Federica Caldaroni27 days agoTrustindex verifies that the original source of the review is Google.
I was flat out with work and had neither the time nor the resources to house hunt, and not being local made the Melbourne market hard to understand. Lou and Alana were incredibly professional and took care of every single detail, making the whole process smooth and stress-free. They found my home in just 11 days! I'd wholeheartedly recommend LP Advisory to friends and family who want to actually enjoy finding their perfect place.Posted on Google![]()
Jac Bowie30 days agoTrustindex verifies that the original source of the review is Google.
I can’t recommend Lou and Alana from LP Advisory highly enough! They helped me secure my dream Melbourne apartment and, along the way, educated me on the property market, Melbourne suburbs and making smart investment decisions. Their knowledge, professionalism and genuine care made the entire experience fantastic. I’ll absolutely be using them for future purchases and recommending them to everyone I know. Couldn’t be happier!Posted on Google![]()
Connie Caligiuri58 days agoTrustindex verifies that the original source of the review is Google.
Lou was extremely helpful, professional, personable and knowledgeable from the get go. He was responsive throughout the process and gave us the confidence we needed to make informed decisions. My partner and I can’t recommend Lou’s services enough! Thank you Lou!Posted on Google![]()
Kirrily Graham60 days agoTrustindex verifies that the original source of the review is Google.
The team at LP Advisory are an absolute delight to work with. They have incredible experience, local knowledge and expansive network in the industry. They provide an impeccable service and I was so impressed with their promptness and level of communication. Thanks Lou and Alana, it is a pleasure to work with you!Posted on Google![]()
Tashi Dorjee61 days agoTrustindex verifies that the original source of the review is Google.
Genuine, easy to trust , real world market advice. Can't recommend him enoughPosted on Google![]()
Hayley Vo66 days agoTrustindex verifies that the original source of the review is Google.
I’ve had the pleasure of working with Lou on a number of property matters, and one thing that really stands out is the level of care and attention to detail he puts into the property search for his clients. Lou is extremely knowledgeable. He is always asking questions, clarifying details and making sure he has a thorough understanding of the property so he can properly guide and assist his clients. From a conveyancer’s perspective, it’s really lovely to see the amount of care he takes behind the scenes to ensure his clients are making informed decisions and purchasing the right property for them. I would happily recommend him to anyone looking for an experienced, knowledgeable and genuinely caring buyer’s advocate.Posted on Google![]()
Dominic Monaco99 days agoTrustindex verifies that the original source of the review is Google.
I've had the pleasure of getting to know Lou and Alana from LP Advisory and wouldn't hesitate to recommend them. They genuinely put their clients first and are committed to helping buyers make informed property decisions. Their knowledge of the Melbourne market, professionalism and attention to detail are evident in everything they do. They're approachable, honest, responsive and clearly passionate about achieving the best possible outcome for their clients. I have every confidence recommending LP Advisory to anyone looking for a trusted buyer's advocate.Posted on Google![]()
James Miller105 days agoTrustindex verifies that the original source of the review is Google.
There are not enough superlatives for what a wonderful job Lou and Alana have done. Looking for a home is stressful enough, especially when you add in the fact I am move interstate, however the LP Advisory team took all the difficult work out of it. I am extremely happy with the service and care I have received, which obviously ranged from sourcing appropriate inspections based on my preferences, then through going to them, giving me amazing advice and suggestions. They are both very professional, very kind and very efficient. Thank you both so very much. I am beyond appreciative and I could not recommend their services enough. If anyone is looking, please look into Lou and Alana. Thanks :)Posted on Google![]()
Erin Richardson105 days agoTrustindex verifies that the original source of the review is Google.
I could not recommend Lou, Alana and the LP Advisory Team more highly. They are absolutely the real deal in terms of their local knowledge, price guidance and relationships - it is almost an unfair advantage if you have them on your team. I recently was able to purchase a home far better than anything I would have dreamed of due to the strength of their relationships and negotiating advice. At no point did I ever feel pressured to look at homes which I felt were off brief - they would send me video tours of homes before I even stepped in to make sure that it was only for the highest and best potential homes that I was investing my time. I wasn't fighting with the regular weekend crowds but had the opportunity to view when it suited me. And more than that, I was able to be candid and open in my feedback which was clearly taken back on board and reflected back in the shortlist that was presented back to me. As a business owner making a significant purchase, their commercial nous was unbelievable as was their integrity (they earned their fee four times over) and I feel incredibly fortunate to have worked with them. I was actually recommended them by one of the local Port Melbourne/Albert Park agents who probably regrets introducing us now!Posted on Google![]()
Janet Free106 days agoTrustindex verifies that the original source of the review is Google.
Lou and Alana were absolutely brilliant. Our son lives interstate and we were unfamiliar with local areas in Victoria. Both Lou and Alana were so prompt in returning answers to our questions. Building and pest inspection as well as conveyancing was organised by the team. Dealing with the Vendors agent was done by Lou all the while checking back with us before any action was taken. We flew down and loved the choice. Everything from that moment was completed in two weeks without any problems at all. Our son will now be moving to Victoria thanks to the help of Lou and Alana. Importantly apart from their professional expertise both Lou and Alana are really lovely lovely people. I could not recommend them more highly. Do yourselves a favour and use LP Advisory, you will not regret your decision. Janet and Owen Free.+0
Preston rewards buyers who understand change. Alana’s due diligence looks at the planning around each property, from apartment sites near the stations to the Preston Market precinct and any former public housing land nearby. Lou negotiates with a clear view of where each pocket trades, which matters when houses take around 41 days to sell and not every campaign runs hot. Sharyn’s network across the inner north brings early notice of homes that may sell before advertising. We have bought in Preston before, we represent buyers only, and our fixed fee keeps the advice independent.
Former selling agent and auctioneer. Negotiates and bids for you.
Runs due diligence: contracts, Section 32, overlays and building reports.
Finds the homes that sell quietly, before they reach the portals.
Talk to us before your next inspection or auction. You will come away with a clear view on price, competition and your best next step.
We act for owner occupiers buying a home to live in, as well as first home buyers, families upsizing, downsizers and property investors.
Some homes change hands before they are ever advertised, so we search off-market property as well as listings. If it goes to auction, we can bid for you. Not sure about the building? Start with a pre-purchase property report.
Moving from interstate or overseas? We run the search and inspections for buyers who are not in Melbourne. Buying for business or super? See our commercial property buyers advocate service.
Selling instead? Our vendor advocates help you pick the right agent and campaign.
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