SOLD
Sold on 09 Mar 2024 for $1,965,000

19 Mutimer Street
Preston VIC 3072

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 210m2
Land area: 526m2
Sold By
JELLIS CRAIG
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Property Details for 19 Mutimer St, Preston

19 Mutimer St, Preston is a 5 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 526m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
2022
Floor Size
210m2
Land Size
526m2
Local Government
Darebin
Lot/Plan
64/LP7109

Last Listing description (December 2021)

If you're chasing value and opportunity in today's market, this is the value-packed property you've been holding out for!

Enjoying neat and tidy presentation on a desirable 526sqm (approx.) corner block, this original 3 bedroom home is bursting with possibilities.


Featuring a bright carpeted living area, separate dining room, original kitchen and bathroom, split-system heating/cooling, high ceilings and a fantastic grassed backyard with a northerly aspect, move straight in and enjoy the current day picture of vintage comfort or freshen the interior with a splash of contemporary flair.

With three street frontages along Mutimer and Martin streets, there's also scope to subdivide the block and redevelop (STCA) in a prized Preston location within short walking distance of popular foodie hotspots, Plenty Road trams, bus services that transport you directly to Northland Shopping Centre, Preston Market, Preston train station and Preston's famed High Street strip and moments to excellent schools and the Darebin Creek Trail.

Property History for 19 Mutimer St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,965,000
09 Mar 2024
  • 09 Mar 2024
    Sold for $1,965,000
  • 16 Jul 2021
    Sold for $1,230,000
  • 29 Jun 2021
    Listed for Sale ONSITE AUCTION - $900,000 - $990,000

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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 20,796 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.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 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.