OFF MARKET

1/1A Watson Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 172m2
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Property Details for 1/1a Watson St, Preston

1/1a Watson St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 172m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1970
Floor Size
89m2
Land Size
172m2
Local Government
Darebin
Lot/Plan
1/SP27228

Last Listing description (March 2023)

This surprisingly spacious unit sets an impressive precedent for low-maintenance living in vibrant Preston. It especially makes a tempting prospect for first-home buyers or the down-sizer hesitant to sacrifice on space and garden surrounds.

Two spacious bedrooms (each with built-in mirrored robes) are serviced by a neat bathroom and separate toilet. An open-plan, sun-filled living room flows into a dedicated meals area, stylish kitchen, and newly renovated laundry.

A rarity among units, the large outdoor space offers lots of grass and greenery for tranquil entertaining or a private space for the young ones or four-legged friends to play. A single-car garage at the rear has been converted into a home office, utilise this to further maximise your living space.

This remarkable home, which is one of only two on the block and has no body corporation fees, also boasts polished timber floors, pendant lighting, split system heating/cooling, ducted heating, and ceiling fans throughout.

Great location close to public transport, High Street shopping/dining, the Preston Market, Northlands Shopping Centre and local parklands.

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Property History for 1/1a Watson St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$698,000
25 Feb 2023
Listed for Rent
$195/w
18 Sep 2006
  • 25 Feb 2023
    Sold for $698,000
  • 24 Jan 2023
    Listed for Sale $680,000 to $720,000
  • 02 Dec 2017
    Sold for $600,000
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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 20,868 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 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in Preston.

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