FOR SALE
Sale by set date: Sat 30 Nov 5pm

404/50-56 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Perfectly Positioned & Rewarding Lifestyle

Direct your attention towards this pristine apartment that presents the professional couple and downsizing buyer with a coveted lock-and-leave lifestyle in a location that delivers convenience at every turn. And given its upmarket setting in the secure Highview apartment complex with swipe entry, secure basement parking and walking distance access to High Street bars and cafes, Preston Market and South Preston Shopping Centre, it's poised to deliver an attractive return for the savvy investor.
Set on the coveted Thornbury fringe, strong contemporary appeal radiates throughout the light and bright two-bedroom apartment, which boasts easy-to-maintain open-plan living complete with indoor-outdoor options, spacious bedrooms, stylish bathroom with laundry provisions, split-system heating and cooling and a modern kitchen with stone benchtops and stainless steel appliances.
An entertaining balcony frames excellent views and is ideal for BBQ get-togethers, yet if your palate craves the flavours of a different cuisine, take your pick from the collection of restaurants and cafes that reside within a short stroll of the apartment complex.
For those that enjoy travelling around town on transport, having Bell train station and the 86 tram within walking distance makes it so much easier, while there's also the option of hopping on a bus!
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Property Details for 404/50-56 High St, Preston

404/50-56 High St, Preston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Preston.

Building Type
Apartment

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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 20,885 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 754 properties were sold in the past 12 months in Preston.

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George Gimelli
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Luigi Turco
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Ray White Preston
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