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Sold on 10 Oct 2024 for $815,000

1/20 Newcastle Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 1/20 Newcastle St, Preston

1/20 Newcastle St, Preston is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Local Government
Darebin
Lot/Plan
1/PS737457

Last Listing description (October 2024)

Indulge in luxury living with this contemporary three-bedroom home, nestled in an exclusive 4 townhouse complex perfect for first-time buyers, downsizers, or savvy investors. The heart of the residence is the open-plan kitchen, dining, and family area, seamlessly extending to a versatile north facing alfresco space for indoor-outdoor living. The stylish kitchen, designed for both form and function, boasts sleek stone benchtops, a striking mosaic splashback, and premium Smeg stainless steel appliances, including a four-burner gas cooktop with hood and an electric fan-forced oven and Midea dishwasher. Two of the bedrooms feature built-in robes and share a pristine bathroom with a spacious bath, separate shower and stone-topped vanity. Additional features include a Euro laundry, heating and cooling, an alarm system, and a remote-access garage. Ideally located near Thornbury and Bell train stations, trendy cafes, Darebin Creek trails, and schools, this home perfectly combines modern style with practicality. Make this your new home today!

Property History for 1/20 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$815,000
10 Oct 2024
Listed for Rent
$535/w
31 Aug 2022
  • 10 Oct 2024
    Sold for $815,000
  • 02 Oct 2024
    Listed for Sale $700,000 - $750,000
  • 08 Jul 2022
    Listed for Rent $535 / week
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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 20,745 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 759 properties were sold in the past 12 months in Preston.

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