FOR SALE
SALE $380,000 - $410,000

7/226 Gower Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Architectural Living in Central Preston

Located in the thriving heart of Preston, 7/226 Gower Street is a delightful one-bedroom unit that perfectly combines comfort, practicality, and a prime location. Whether you're a first-home buyer, an investor seeking a high-demand rental, or someone looking to downsize without compromising on convenience, this property is an exceptional find.
Step inside and discover a cozy yet functional layout, featuring a bright living space that invites relaxation and effortless entertaining. The practical kitchen is equipped with ample storage and bench space, making meal preparation a breeze. The bedroom offers a peaceful retreat, complemented by natural light and built-in storage. A well-appointed bathroom and a low-maintenance design complete the interior, ensuring every square meter is utilised to its fullest potential.
Outside, the property benefits from a well-maintained communal area which adds to the ease of living. The location is simply unbeatable. Positioned just moments from Preston Market, High Street's vibrant shopping and dining precinct, and an array of local cafes, you'll have everything you need at your doorstep. Public transport options, including Tram 86 (Plenty Rd) and The Preston Train Station, are just 2 of the countless options within easy reach, connecting you seamlessly to the rest of Melbourne.
This unit offers not just a place to live, but a lifestyle defined by convenience, charm, and accessibility. Whether you're starting your property journey, seeking a solid investment, or wanting a manageable home in a fantastic location, 7/226 Gower Street is a property that delivers on all fronts. Don't miss this chance to secure your spot in one of Melbourne's most sought-after suburbs.
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Property Details for 7/226 Gower St, Preston

7/226 Gower St, Preston is a 1 bedroom, 1 bathroom Unit. The place is currently for sale with Ray White Preston.

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Unit

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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 20,883 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 77 properties listed for sale, and 44 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 765 properties were sold in the past 12 months in Preston.

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Ian Dempsey
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Ethan Maratheftis
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Ray White Preston
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