OFF MARKET

25 Young Street
Preston VIC 3072

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 143m2
Land area: 492m2
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Property Details for 25 Young St, Preston

25 Young St, Preston is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1915. The property has a land size of 492m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in July 2005.

Building Type
House
Year Built
1915
Floor Size
143m2
Land Size
492m2
Local Government
Darebin
Lot/Plan
57/LP7500

Last Listing description (September 2024)

From the street you would be forgiven for thinking that this was just another pretty 1920's period home with off street parking for 2 cars but once you step inside it is apparent that this home is something special. The original 3 bedroom home has been superbly renovated to the highest standard boasting a marble ensuite & WIR to master, a second marble bathroom, 2 living areas with a well appointed kitchen and dining area all overlooking a solar and gas heated pool and spa.
Bifold doors open up to a complete indoor outdoor kitchen with built in bbq & wood fire pizza oven.
The back of the property boasts a 4 car garage with rear access via a huge laneway. Above the garage is another completely separate home with 2 bedrooms, kitchen with loads of storage, marble bathroom, European laundry and enormous living area with wood burning heater. Move the in-laws in, your adult children, run your business from home or simply rent it out for $2,00O a month.

If that wasn't enough the home also boasts a 6m x 6m underground cellar with full commercial kitchen.
Also included is a 17.5kw split system air conditioner & 5kw solar system.
Backing onto 4 tennis courts, TA Cochrane Reserve and 3 doors from Preston South primary school.
South of Bell St on the Thornbury border, this property needs to be inspected to be fully appreciated.
Call for an appointment.

Property History for 25 Young St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$350,000
15 Jul 2005
  • 05 May 2023
    Listed for Sale $2,000,000 - $2,200,000
  • 15 Jul 2005
    Sold for $350,000

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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 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 20,796 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 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.