OFF MARKET

8 Preston Street
Coburg VIC 3058

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 161m2
Land area: 613m2
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Last updated 16 Dec 2024
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Property Details for 8 Preston St, Coburg

8 Preston St, Coburg is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 613m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1970
Floor Size
161m2
Land Size
613m2
Local Government
Merri-Bek
Lot/Plan
1/TP252214

Last Listing description (September 2023)

Presiding over a generous block of approximately 613m2, with wide street frontage, this neatly presented three bedroom home opens the door to a wealth of excellent possibilities. Spacious and comfortable with gleaming tiled floors and elegant polished floorboards, the residence offers living and dining rooms, a fully equipped kitchen/meals and productive rear garden. Sizeable bedrooms, a central bathroom, powder room, heating, long driveway and wide garage, adjoining a kitchenette, complete the picture of a long loved home. Enhance/modernise/renovate to your heart's content, build a stylish new home or consider developing, subject to council approval: there are plenty of tempting possibilities. Family friendly, the position is a stroll to schools, transport and playgrounds, close to thriving Sydney Road and popular Coburg Market.

Property History for 8 Preston St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$1,520,000
13 May 2023
  • 15 Aug 2023
    Listed for Sale $1,200,000 to $1,290,000
  • 13 May 2023
    Sold for $1,520,000
  • 19 Apr 2023
    Listed for Sale $1,200,000 to $1,290,000

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About Coburg 3058

The size of Coburg is approximately 7 square kilometres. It has 33 parks covering nearly 7.4% of total area. The population of Coburg in 2011 was 24,976 people. By 2016 the population was 26,172 showing a population growth of 4.8% in the area during that time. The predominant age group in Coburg is 30-39 years. Households in Coburg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg work in a professional occupation. In 2011, 65.8% of the homes in Coburg were owner-occupied compared with 62.8% in 2016.

Coburg has 14,579 properties. Over the last 5 years, Houses in Coburg have seen a 18.01% increase in median value, while Units have seen a 11.68% increase. As at 30 November 2024:

  • The median value for Houses in Coburg is $1,202,178 while the median value for Units is $598,596.
  • Houses have a median rent of $695 while Units have a median rent of $540.
There are currently 47 properties listed for sale, and 33 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Coburg.

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