FOR SALE
SALE $1,050,000 - $1,150,000

117 Raglan Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Land area: 625m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Innovation meets opportunity

Nestled in the coveted heart of Preston, sits a property brimming with promise and potential. Boasting a prime corner site location greatly desired by developers and homeowners alike, this parcel of land offers a rare opportunity for astute investors. With town-planning permit plans already in place for the construction of two luxurious townhomes, the groundwork is set for a visionary to capitalise on the burgeoning demand for contemporary urban living in this vibrant suburb. Discover the gateway to a prosperous future in Preston, where innovation meets opportunity in every square meter of this strategically positioned property.
Land Size: 625m2
Planning Zone :
-GENERAL RESIDENTIAL ZONE - SCHEDULE 1
Planning Overlay :
-DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1
Advantages:
-Plans and permits for two townhouses
-Corner block
View Statement of Information

Property Details for 117 Raglan St, Preston

117 Raglan St, Preston is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 625m2. The place is currently for sale with Ray White Northcote.

Building Type
House
Land Size
625m2

Commute Calculator

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 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% 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 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 34 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 783 properties were sold in the past 12 months in Preston.

Preston Profile Page

Suburb Insights for Preston 3072

Visit Preston profile page
Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Preston profile page
Contact agent
Courteney Macleod
Show contact details
Call agent
Zahra Macleod
Show contact details
Call agent
Ray White Northcote
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED