32 Cramer Street, Preston, VIC 3072 sold on 29 March 2025 | OnTheHouse
 
SOLD
Sold on 29 Mar 2025 - Price Unavailable

32 Cramer Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 700m2
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Property Details for 32 Cramer St, Preston

32 Cramer St, Preston is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 700m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Preston in the last 12 months.

Building Type
House
Land Size
700m2

Last Listing description (March 2025)

This property boasts a classic period profile with modernised proportions, set on a prominent allotment featuring easy rear lane access and a significant second frontage to St Georges Road. The immense potential of this site is highlighted by its unparalleled convenience, being in close proximity to Preston Market, Zwar Park, Preston station, High Street, and multiple supermarkets. The existing 4-bedroom, 2-bathroom floor-plan offers immediate comfort, featuring separate living and dining rooms, a spacious central kitchen, and a dedicated sun-room. The north-facing backdrop provides ample off-street parking.

Adding to its appeal, plans and permits have been approved for the construction of six 2-bedroom townhouses. This outstanding opportunity offers options for renovation, dual occupancy subdivision, or redevelopment (STCA). This landmark location ensures a future as rewarding as its storied family past, with every Preston attraction just moments away. For more information, please contact the agents.

Land size: 700m2 approx.

Deposit: 10% of the purchase price
Settlement preference: 30/45/60/90 days
Rental assessment: $650-$700 per week

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Property History for 32 Cramer St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
29 Mar 2025
Listed for Rent
$500/w
06 Sep 2017
  • 16 Mar 2025
    Sold for $1,295,000
  • 25 Oct 2024
    Listed for Sale $1,300,000 - $1,350,000
  • 28 Jun 2024
    Listed for Sale $1,300,000 - $1,350,000
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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 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.

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