16 May StreetPreston VIC 3072
Property Details for 16 May St, Preston
16 May St, Preston is a 2 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 500m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Preston in the last 12 months.
Last Listing description (March 2024)
Nestled in the heart of Preston, this charming Californian bungalow is a canvas waiting for your personal touch.
2 Bedrooms | 1 Bathroom | Ideal for Renovation or Building Your Dream Home
Are you a renovator with a vision? Or perhaps a builder eager to craft a masterpiece? This home offers you the canvas to make your dreams come true. With its high ceilings and generous land size, the possibilities are boundless.
Located in the vibrant neighbourhood of Preston, you'll enjoy easy access to shops, Spring Street, and convenient transportation options like trains and trams.
Don't miss this golden opportunity to shape your perfect living space, create memories and build your future on 502sqm approx.
Contact us today for more details and make Preston your home sweet home.
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Property History for 16 May St, Preston, VIC 3072
- 28 Oct 2023Sold for $1,160,500
- 04 Oct 2023Listed for Sale AUCTION Sat 28 Oct 10:30am
- 17 Dec 1994Sold for $109,500
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0About 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 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:
- The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
- Houses have a median rent of $613 while Units have a median rent of $500.
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