OFF MARKET

53 Preston Street
Fawkner VIC 3060

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 153m2
Land area: 604m2
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Property Details for 53 Preston St, Fawkner

53 Preston St, Fawkner is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 604m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
1950
Floor Size
153m2
Land Size
604m2
Local Government
Merri-Bek
Lot/Plan
281/LP29280

Last Listing description (June 2016)

This beautifully presented home is a must see to believe property.
Featuring four large bedrooms plus a separate Rumpus/Cinema room, it is ideally suited for the larger family.
The kitchen has been fully updated and boasts granite bench tops, dishwasher, modern oven/cooktop with overhead canopy.

Other features include; down lights, ceiling fans, separate lounge room with gas heater and wall air conditioner, plus a gas ducted heating and ducted cooling system through out the home.
There are two toilets in the home and a powder room plus an updated bathroom.
At the rear of the property is a large 6 meter x 5 meter bungalow which has power and can also be used as a workshop or storage shed.
All of this is set on a 606 sqm approx block of land, which is located close to shops, schools, and railway stations.
Currently let at $1738 per month it also makes an ideal investment.
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Property History for 53 Preston St, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
$580,000
13 Apr 2016
Listed for Rent
$400/w
16 Feb 2015
  • 13 Apr 2016
    Sold for $580,000
  • 16 Sep 2015
    Listed for Sale $570,000+
  • 05 Feb 2015
    Listed for Rent - Price not available
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About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,451 properties. Over the last 5 years, Houses in Fawkner have seen a 14.12% increase in median value, while Units have seen a 22.56% increase. As at 31 October 2024:

  • The median value for Houses in Fawkner is $763,480 while the median value for Units is $579,943.
  • Houses have a median rent of $550 while Units have a median rent of $498.
There are currently 36 properties listed for sale, and 14 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Fawkner.

Suburb Insights for Fawkner 3060

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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.