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

62 Pender Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 497m2
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Auction Time
Sat 15 Feb 1:00 pm
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Auction Alert: Prime 497m2 Corner Block with Substantial Development Potential

Seize a rare opportunity to acquire a substantial 497m² corner block at 62 Pender Street, Preston. This property boasts front-facing Pender Street, side access via Central Avenue, and rear laneway entry, offering exceptional potential for development or renovation (STCA).
Steeped in history, this 4-bedroom Victorian-era aluminum cladding cottage offers a rare glimpse into Preston’s architectural past. The home, held by the same family for generations, features original period details that capture the charm of the early 20th century.
Notable Period Features Include:
• Pressed Metal Walls & Ceilings – Beautiful, intricate designs throughout the home, reflecting Victorian and Edwardian craftsmanship.
• Exposed Brick Chimney & Fireplace – A striking red brick chimney in the kitchen highlights the home’s rich history, while the brick fireplace in the living area adds to the character.
• High Ceilings – The lofty ceilings enhance the sense of space and reflect the era’s architectural style.
Additional Structures:
• Rear Patio: Features an external toilet, adding to the period charm.
• Carport: Located at the rear of the property, providing covered parking space from Double Gates
* Please note: The floor plan indicates appliances such as washing machines (WM) and refrigerators (FR) in certain areas; however, these items are not fixtures and will not be included in the sale.
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Property Details for 62 Pender St, Preston

62 Pender St, Preston is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 497m2. The place is currently for sale with First National Melton.

Building Type
House
Land Size
497m2

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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 21,010 properties. Over the last 5 years, Houses in Preston have seen a 16.22% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Preston is $1,135,746 while the median value for Units is $616,510.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 69 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 782 properties were sold in the past 12 months in Preston.

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Jade Carberry
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Justin Carberry
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First National Melton
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