OFF MARKET

1/31 Spring Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 284m2
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Property Details for 1/31 Spring St, Preston

1/31 Spring St, Preston is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 284m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1930
Floor Size
100m2
Land Size
284m2
Local Government
Darebin
Lot/Plan
1/PS602295

Last Listing description (June 2019)

Make your first home dream a reality or reap the rewards of an investment! Whatever your goal is, this sparkling two-bedroom weatherboard classic that's pristine in presentation and only 9km (approx.) from the CBD is an opportunity you don't want to miss.
The instant allure of warm timber floors and high ceilings with classic accents ignites excitement when entering this charm-filled residence, which arrives at a large light-filled lounge that balances timeless appeal with a contemporary edge.
That essence of space extends into the big and bright kitchen, which boasts plenty of bench and storage space, while the integration between the spacious dining and large yet low-maintenance undercover courtyard makes indoor-outdoor living possible.

Two robed bedrooms of generous proportions are zoned in privacy at the front of the home, while a central main bathroom, ducted heating, split-system cooling, single car space and a large front yard with elevated vegetable gardens are the finishing touches to this brilliant find.
Capping off this excellent first home, downsizing option or smart investment is its five-star location, which is within walking distance of Preston Market, High Street cafes, Preston train station, bus transport, Preston West Primary School, Melbourne Polytechnic, parks and playgrounds and moments to trams and Northland Shopping Centre.

Property History for 1/31 Spring St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$704,000
11 May 2019
  • 11 May 2019
    Sold for $704,000
  • 16 Apr 2019
    Listed for Sale Not Disclosed
  • 06 Mar 2010
    Sold for $477,500
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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 20,861 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 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 755 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.