SOLD
Sold on 03 Mar 2024 for $562,000

18 Newcastle Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 156m2
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Property Details for 18 Newcastle St, Preston

18 Newcastle St, Preston is a 2 bedroom, bathroom Unit and was built in 1925. The property has a land size of 156m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1925
Land Size
156m2
Local Government
Darebin
Lot/Plan
2/PS643193

Property History for 18 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$562,000
03 Mar 2024
  • 03 Mar 2024
    Sold for $562,000

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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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