12 Malcolm St, Preston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 556m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Preston in the last 12 months.
On a substantial block of land backing onto Jacka Reserve, this attractive mid-century home has been enjoyed by the one family since new and now offers a terrific opportunity from those looking to renovate and extend (STCA).
Exceptionally well-presented and filled with natural light, the home's immediately comfortable interior comprises three bedrooms (larger master) all serviced by a neat central bathroom. Add to this a sizeable front living room leading through to the kitchen/meals area with dishwasher. Other features of this potential-packed home include solid hardwood floors and internal laundry, plus an expansive north-facing backyard complete with double garage and additional tandem double carport.
Bus stop around the corner, it's also walking distance to Coburg Hill Shopping Centre, Newlands Primary School, local parks and playgrounds, as well as easy access to Gilbert Road trams, Coburg Olympic Swimming Pool and Pentridge Palace Cinema.
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:
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