FOR SALE
$460,000 - $500,000

405/50 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Enviable Combination Of Lifestyle And Location

Conveniently located on the 4th floor of the low-rise Highview building, this stylish and spacious two-bedroom apartment perfectly blends a lifestyle of ease and a location to love. Enjoying the ease and convenience of the city tram and Preston South Shopping Centre at the doorstep, the eclectic mix of dining, shopping, and entertainment options on High Street, recently voted the coolest street in the world, are footsteps away. A fantastic opportunity to nest or invest, affordability and desirability await!
* Stone-finished kitchen appointed with quality appliances
* Open-plan living featuring engineered timber flooring
* Large entertainers terrace accessed from living room and bedroom 1
* Spacious study with fitted desk, ideal for working from home!
* Basement car parking, secure foyer, split system climate control
* Deluxe stone bathroom with concealed laundry facilities
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 405/50 High St, Preston

405/50 High St, Preston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Love Real Estate - Reservoir.

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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Kannan Subramanian
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George Stathopoulos
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Love Real Estate - Reservoir
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