Sell Smarter in Preston (VIC 3072)

Real Estate Agent Fees & Independent Advice

If you’re thinking about selling property in Preston (postcode 3072), one of the first questions you’ll ask is: how much do real estate agents charge here? In Preston, commissions are totally negotiable. Beyond commission, you’ll want to factor in marketing, styling, legal fees and any hidden costs.

That’s where independent vendor advocacy comes in. iREC provides sellers with unbiased advice to help you compare agents, avoid hidden fees, and achieve the best result when selling in Preston.

No pre-determined agents. No hidden fees. Just independent vendor advocacy to help you choose the right agent in Preston and get the best result.

How Much Is the Typical Real Estate Agent Commission in Preston?

Every agent in Preston sets their commission and fees differently, so it pays to compare options carefully.

Median House & Unit Prices in Preston 2025

Understanding local price trends helps you set realistic expectations and choose the right startegy when selling. Access your comprehensive suburb profile detailing house and unit medians, capital growth, demographics.

How Long Does It Take to Sell a Home in Preston?

If speed matters to you, the right agent selection is critical. A common misconception out there is that all agents are the same and they all do the same thing so it really doesn’t matter who we use and this couldn’t be further from the truth. The choice of agent will determine how smoothly things run, how long you are on the market for and most importantly how much you end up with in your pocket at the end of the day.

Vendor Advocacy: Avoid Hidden Costs & Improve Your Selling Outcome

Selling a property can feel overwhelming. iREC’s independent vendor advocacy services give you support from start to finish:

  • Compare agents in Preston (without bias)

  • Get transparency on commission rates & inclusions

  • Negotiate better terms and avoid hidden fees

  • Receive expert guidance tailored to the 3072 market

We don’t work for agents — we work for you.

Questions to Ask an Agent Before Listing in Preston

Before you sign with an agent, ask:

  • What’s included in your commission?

  • How long are your average days on market?

  • Can you provide recent local sales results?

  • What’s your marketing plan for homes in Preston?

  • Are your fees negotiable?

Tips for Selling Your Property Fast in Preston

If your priority is speed:

  • Present your home professionally with styling & photography

  • Price competitively against similar homes in 3072

  • Choose an agent with strong buyer databases in Preston

  • Negotiate marketing inclusions upfront so your listing gets maximum exposure

Frequently Asked Questions

How long do homes take to sell here?
It depends on how realistically it is priced!

Can I negotiate commission in Preston?
Yes — commissions and fees are fully negotiable.

What is my Preston property worth?
This depends on size, condition, and current demand. Don't look at Median prices, don't look at online data, your property could be above or below that.

What does a vendor advocate do?
We give independent advice, compare agents, and help you secure the best outcome when selling.

Ready to Sell Smarter in Preston?

Don’t leave your biggest financial decision to chance. Get independent advice before choosing an agent in Preston.

👉 Contact iREC today to compare agents, commission rates, and selling strategies tailored to your property.

👉 Contact iREC today to look over your agreement before you sign it

👉 Book Your Free Consultation with Robert Williams

Why Sellers Trust iREC

  • 100% Independent – no hidden agent commissions

  • Free, no-obligation consultation

  • Years of experience in the VIC property market

  • Guidance tailored to your property and situation

Thank you for all your real estate help over the months. You have always been very professional in all your dealings with both of us. It has been in my opinion the traditional or old fashioned sense of professionalism. In other words you do what you say, you call when you say you will call, you do everything you can whenever you can and are polite and extremely helpful no matter what the circumstance. That type of professionalism isn't around much these days; just a poor mimic of it. - Julie, Blue Mountains NSW

Rob provided outstanding support and guided the whole selling process smoothly in the background. If it were not for his masterful negotiation skills and knowledge of the real estate process there would have been no sale. Everyone thinking of buying or selling should have an independent real estate consultant in their corner navigating the minefield that is real estate. - Kathryn, Cranbourne North Vic read more of what our sellers say 👉

Ready to take control of your sale? Schedule a free consultation with Robert Williams now

About Preston (VIC 3072)

Preston was first surveyed by Robert Hoddle in 1837 for sub-division. Parcels of land between 300 acres (in the southern area) and over 1000 acres (in the north) were all sold during the Melbourne 'land boom' sales of the late 1830s. The first permanent white resident was Samuel Jeffrey in 1841 and from him the area's early name was Irishtown. In 1850, Edward Wood, a settler from Sussex, England, opened a store at the corner of High Street and Wood Street which was also the district's first post office. Meeting at Wood's store, members of the Ebenezer Church, Particular Baptist from Brighton, England met to change the name. They wanted to name the town after their former home in Sussex, but Brighton was already taken. Instead they named it after Preston, a small village nearby, where the church members had happy annual outings. Preston Post Office opened on 1 March 1856. The first church was accompanied by a growing number of hotels and other stores, which had emerged some 2 kilometres south of Wood's store at the junction of Plenty Road and High Street, the latter of which served as a route to Sydney. Throughout the 1880s the area between Wood's Store and the junction would be known as "Gowerville". In April 1939, Mr. Vara Tidd, aged 91 years, who had lived in Preston since arriving with his family as a seven-year-old, recalled the early settlement: "He retains a wonderfully clear memory of the early days of Preston when the settlement was known as Irishtown. He can recall the camp of aborigines on the banks of the Darebin Creek and the old toll gate at Wood street Preston as well as the flour mill in the same street with Emery's pottery behind the mill. Transport in those days was primitive and limited. The waggonette left the old Royal Mall Hotel In Bourke street." Post Goldrush 1854 saw the establishment of the area's first primary schools, an Anglican and a Wesleyan school. The first state school opened in 1866 to the east of the junction settlement, but was later joined by another, the Tyler Street School which had opened in 1875, north-east of Wood's store. The two denominational schools closed shortly before the Tyler Street School had opened. During its formative years, Preston was heavily reliant on an abundance of fertile land for farming, dairying and market gardens. Areas that were not productive however, yielded clay for pottery and bricks. The 1860s saw the development of Preston's industrial capacity, with a bacon-curing factory opening in 1862, followed by a tannery in 1865. These original establishments would be followed by several larger factories, including Huttons Hams and Bacons and Zwar's Parkside Tannery. By the 1860s, the area had a population of around 200, and five hotels, three of which survive: The Preston Hotel (1856), The Junction (1861), and nearby Reservoir's Rose Shamrock (1854). 1889 saw the opening of the first rail line between Collingwood and Whittlesea, passing through Preston. The new line provided stations at Bell Street, Regent Street, Reservoir and centrally in Preston. Throughout the 1880s, Preston with its abundance of land and newly built rail stations was marketed as a residential area, capable of supporting 20,000 inhabitants. Between 1887 and 1891 Preston's population nearly doubled from 2,000 to 3,600. The majority of residential development took place within the corridor contained by Plenty Road and High Street, however there was also limited development in the west of the town, along Gilbert Road. These areas would remain areas of growth well into the 20th Century. Urban growth Urban growth accelerated in Preston during the 1920s, thanks largely to the establishment of a direct rail link between Collingwood and Flinders Street in 1904 (later electrified in 1926), and a building of a tram line linking Melbourne and the city in 1920. The now famous Preston Tram Sheds would later be built in 1925. The reticulation of electricity took place in 1914, with the building of Preston's sewers taking place between 1909 and 1915. 1915 also saw the establishment of the West Preston Primary School, which by 1927 had grown to accommodate more than 1,000 students. West Preston Primary School would later be joined by a primary school in Preston East in 1927, and later by a girl's high school in 1929. By 1922, Preston had been formally recognised as a Borough, two months later it had become a Town, and finally by 1926, Preston had been proclaimed a City. With the 1930s and the Great Depression came economic hardship for Preston. However, capital works projects, which included the designation of new parks and reserves and the paving of roads, helped attract new residents to the area. Preston bucked the economic status quo by recording rapid growth between the period 1933 and 1947, with the population growing by some 40%. This growth also resulted in the establishment of a technical school in 1937, which would later become a campus of the Northern Melbourne Institute of TAFE. A notable highlight for Preston residents during the era of depression was VFL legend Roy ("Up There") Cazaly's coaching of the local football team. Two World Wars provided Preston with two awardees of the Victoria Cross - the Empire's highest military award for valour; Bruce Kingsbury and William Ruthven, both of whom lent their name to future localities. The post war period would also see Preston experience rapid growth. Between 1947 and 1954 the population grew by 37% topping 64,000. A 15-year joint vision between the Preston and Northcote Councils would later culminate in 1958 with the construction of the Preston & Northcote Community Hospital (PANCH). This period also saw the construction of some 2,600 Housing Commission of Victoria dwellings which continued up to 1966, by which time said dwellings accommodated approximately 11% of Preston population. The acquisition of former Housing Commission land by the Myer Emporium led to the opening of the Northland Shopping Centre in 1966. Currently, the suburb of Preston exists to the south of the original Preston municipal area. Suburbs which were once part of this include: Reservoir, Ruthven, Keon Park and Kingsbury.

Settlement The area where Preston now resides

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Suburbs surrounding Preston, VIC

Thornbury, 3071
Reservoir, 3073
Westgarth, 3070
Northcote, 3070
Kingsbury, 3083