OFF MARKET

2/16 Elm Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 179m2
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Property Details for 2/16 Elm St, Preston

2/16 Elm St, Preston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 179m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1950
Floor Size
91m2
Land Size
179m2
Local Government
Darebin
Lot/Plan
2/PS649019

Last Listing description (May 2019)

With a first rate location and presenting in as new condition this stylish villa unit is ideal for first home buyers, downsizers or investors and offers the flexibility of 2 double bedrooms (BIRs) plus a 3rd bedroom or home office depending on needs. The open plan living and dining space opens to a landscaped courtyard and also incorporates a very sleek kitchen featuring Caeserstone bench tops, DeLonghi cooktop and oven, Westinghouse dishwasher, plenty of storage and a smartly tiled splashback. The bathroom includes both a rain style shower and bath and there is a separate laundry room and toilet. Additional features include ducted heating plus split system air conditioning in the living area, highly polished Jarrah floorboards, ceiling fans in the main bedrooms, Rinnai continuous flow hot water, LED lighting, 2100 litre water tank, garden shed and single remote controlled garage plus additional off street car space. Positioned just metres from North East Preston Primary School this superb villa is also within walking distance of Northland shopping centre, Darebin Creek parkland and the 567 bus which connects with trains at Fairfield and Regent stations.

Property History for 2/16 Elm St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$585,000
14 May 2019
  • 14 May 2019
    Sold for $585,000
  • 03 Apr 2019
    Listed for Sale UNDER CONTRACT
  • 23 Oct 2012
    Sold for $408,000
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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 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 71 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 777 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.