SOLD
Sold on 07 Dec 2023 for $3,280,000

17 Preston Avenue
Five Dock NSW 2046

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 477m2
Sold By
Dib Chidiac
DibChidiac
Paul Caradonna
DibChidiac
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Property Details for 17 Preston Ave, Five Dock

17 Preston Ave, Five Dock is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 477m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Five Dock in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
120m2
Land Size
477m2
Local Government
Canada Bay
Lot/Plan
9/DP17965

Last Listing description (February 2024)

The perfect place to make a superb new statement, this original single-level home stands on a wide 475sqm block within footsteps to the waterfront. Guaranteed to have enormous appeal among value-adders, builders and developers alike, the property is well-positioned to capture views across the water and comes complete with CDC plans to build a contemporary two-storey residence. The property offers a great chance to buy into this highly prized bayside neighbourhood and add some extra value while enjoying a quiet street setting that's strolling distance to the cafes and eateries of Five Dock.

- CDC plans are fully approved and ready to start construction
- An upper level would capture an elevated view over the water

- Currently a bright, well-appointed residence in comfortable order
- Lock-up garage and side access through to the rear of the property
- Expansive garden that features a deep and private level lawn
- A high-set entertainer's terrace with glimpses through to the bay
- Ready to live-in or rent out straight away while planning the future
- Close to the future Metro, stroll to a range of schools and transport
- Approx. outgoings per qtr: Council: $539 & Water: $173

Property History for 17 Preston Ave, Five Dock, NSW 2046

A timeline of how this property has performed in the market
Last Sold
$3,280,000
07 Dec 2023
Listed for Rent
$780/w
12 Sep 2022
  • 07 Dec 2023
    Sold for $3,280,000
  • 08 Nov 2023
    Listed for Sale Not Disclosed
  • 11 Aug 2022
    Listed for Rent - Price not available
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About Five Dock 2046

The size of Five Dock is approximately 2.4 square kilometres. It has 12 parks covering nearly 16.4% of total area. The population of Five Dock in 2011 was 8,747 people. By 2016 the population was 9,392 showing a population growth of 7.4% in the area during that time. The predominant age group in Five Dock is 40-49 years. Households in Five Dock are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Five Dock work in a professional occupation. In 2011, 63.8% of the homes in Five Dock were owner-occupied compared with 62.6% in 2016.

Five Dock has 5,316 properties. Over the last 5 years, Houses in Five Dock have seen a 52.59% increase in median value, while Units have seen a 26.08% increase. As at 30 September 2024:

  • The median value for Houses in Five Dock is $2,744,729 while the median value for Units is $1,099,249.
  • Houses have a median rent of $945 while Units have a median rent of $775.
There are currently 23 properties listed for sale, and 40 properties listed for rent in Five dock on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Five dock.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.