OFF MARKET

11/11-13 Cooma Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 33m2
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Last updated 11 Nov 2024
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Property Details for 11/11-13 Cooma St, Preston

11/11-13 Cooma St, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1970
Floor Size
33m2
Local Government
Darebin
Lot/Plan
11/PS336129

Last Listing description (March 2017)

There are so many great reasons why now is the best time to invest in real estate and this very appealing apartment perfectly fits the bill. Strong growth figures and record low interest rates see Preston continuing its high performance trajectory so now's your opportunity to ride the wave towards a successful future with this affordable studio apartment enjoying an outstanding central location. Within a minute or two's walk from this exceptional low-upkeep opportunity are all of Preston's popular amenities including High Street shopping and restaurants, Preston Market, schools, train station, trams and parkland. A strategic addition to a savvy property portfolio returning $782pcm with periodic lease terms, this first-floor apartment includes one bedroom/living room, kitchen, bathroom, panel heating and onsite parking.
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Property History for 11/11-13 Cooma St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$180,000
26 Aug 2016
Listed for Rent
$190/w
14 Aug 2013
  • 26 Aug 2016
    Sold for $180,000
  • 30 Sep 2015
    Listed for Sale $180,000 Private Sale
  • 19 Jun 2013
    Listed for Rent - Price not available
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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.

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