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Sold on 09 Jan 2024 for $285,000

10/259 Gower Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 10/259 Gower St, Preston

10/259 Gower St, Preston is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Apartment sold in Preston in the last 12 months.

Building Type
Apartment
Local Government
Darebin
Lot/Plan
10/PS435524

Last Listing description (January 2024)

With the convenience of Preston Central practically at the door step, this immaculate one bedroom apartment offers an exuberant lifestyle to starters and investors looking to take advantage of a blue-ribbon pocket. On the first floor of a well-maintained allotment, it's complete with open family/meals, split system, neat kitchen, BIRs, ensuite and designated car space. In a spot that is unequivocally unmatched, it's just steps to cosmopolitan High Street, iconic Preston Market/Station and a five minute drive to Northland's hub.

* Versatile and open floorplan with leafy green outlook
* Family/meals zone features heating/cooling split system

* Neat kitchen equipped in gas cooking and tiled splashback
* Comfy robed bedroom adjoins private ensuite bathroom
* Communal laundry on each floor, plus designated car space
* Steps to lively High Street, Preston Market/Station and parks

Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 10/259 Gower St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$285,000
09 Jan 2024
Listed for Rent
$380/w
02 Feb 2024
  • 30 Jan 2024
    Listed for Rent $380 / week
  • 09 Jan 2024
    Sold for $285,000
  • 30 Oct 2023
    Listed for Sale SOLD - $285,000
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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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