27/245 Gower Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

27/245 Gower Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 873m2
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Last updated 22 Dec 2025
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Property Details for 27/245 Gower St, Preston

27/245 Gower St, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 873m2 and floor size of 83m2.

Building Type
Unit
Floor Size
83m2
Land Size
873m2
Local Government
Darebin

Last Listing description (May 2025)

Located directly across from the Preston Library, this studio apartment offers exceptional convenience, with High Street shopping just a two-minute stroll away, the Train Station a five-minute walk, and the Plenty Road Tram reachable within ten minutes on foot.

The apartment features an open-plan lounge, bedroom, and living area, a separate kitchenette, and a bathroom with a shower recess, vanity, built-in robe, and toilet.

Residents have access to a ground-floor communal laundry with coin-operated washing machines, a dryer, shared external washing lines, and off-street parking available on a first-come, first-served basis.

Additional features include an electric hot water service, an electric wall heater, wall-to-wall carpeting, a remote-controlled ceiling fan, and secure key-locked external windows.

Public transport options are abundant, providing easy access to Latrobe University, RMIT, and Preston TAFE. With trams, buses, and trains all within reach, commuting is effortless.

Please note: This property is not suitable for pets.

NOTE: NO WATER USAGE CHARGES APPLY TO THIS TENANCY.

**PLEASE NOTE - Open for Inspection times are subject to change without notice. We recommend checking inspection times the day of inspection before travelling to the property to avoid any inconvenience in the unlikely event of a cancellation**

Property History for 27/245 Gower St, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
21 May 2025
  • 08 Apr 2025
    Listed for Rent $235 / week
  • 08 Feb 2017
    Listed for Rent $225 / week
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,595 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 39 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 940 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.