SOLD
Sold on 17 Feb 2024 for $950,000

12 Malcolm Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 113m2
Land area: 556m2
Sold By
Nelson Alexander Reservoir
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Property Details for 12 Malcolm St, Preston

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.

Building Type
House
Floor Size
113m2
Land Size
556m2
Local Government
Darebin
Lot/Plan
1/TP140910

Last Listing description (February 2024)

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.

Property History for 12 Malcolm St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$950,000
17 Feb 2024
  • 17 Feb 2024
    Sold for $950,000
  • 24 Jan 2024
    Listed for Sale Auction $900,000 - $950,000
  • 13 Jun 2023
    Transferred

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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.