SOLD
Sold on 09 Dec 2023 for $539,000

1/151 Wood Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 139m2
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Property Details for 1/151 Wood St, Preston

1/151 Wood St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 139m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
88m2
Land Size
139m2
Local Government
Darebin
Lot/Plan
1/RP2263

Last Listing description (January 2024)

Welcome to this charming two-bedroom unit nestled in a prime central location. With a versatile layout and ample potential, this property is a blank canvas just waiting for your personal touch. Whether you're an inspired renovator with a vision for design or a savvy investor eager to capitalize on the thriving property market, this unit presents an excellent opportunity.

The secure garage adds an extra layer of convenience and peace of mind, providing a safe haven for your vehicle. Imagine the ease of coming home, knowing your car is protected.

Situated close to the Plenty Road tram, this unit offers excellent access to public transportation, making it a breeze to explore the vibrant offerings of Melbourne. Whether it's shopping, dining, or entertainment, everything is just a tram ride away.

Seize this chance to turn this unit into your dream oasis, tailored to your tastes and preferences. Take the first step towards creating a space that truly reflects your style and personality. Don't let this opportunity slip through your fingers. Contact us today to arrange a viewing and start envisioning the future you've always dreamed of!

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Property History for 1/151 Wood St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$539,000
09 Dec 2023
  • 09 Dec 2023
    Sold for $539,000
  • 13 Nov 2023
    Listed for Sale $415,000 - $455,000
  • 25 May 1981
    Sold for $35,000

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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 20,867 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 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 768 properties were sold in the past 12 months in Preston.

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