2/16 Mcdonald StreetPreston VIC 3072
Property Details for 2/16 Mcdonald St, Preston
2/16 Mcdonald St, Preston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 127m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Preston in the last 12 months.
Last Listing description (October 2024)
This neat original two-bedroom unit is one of three, offering a much sought after single level lifestyle in a convenient and tranquil locality. An opportunity to update and renovate is at your fingertips here. Well maintained, it delivers the comforts of home with a generous central living room adjacent to the kitchen and dining area. The bedrooms include built-in robes and are serviced by a central bathroom with separate toilet. Other features include laundry, wall heating and air conditioning, courtyard privacy and single garage convenience. Easy access to Gilbert Road trams and Preston Station, NMIT, Zwar Park, Preston Market, High Street shops and cafes make it an excellent lifestyle choice. Either add your own personal touches and call it home or rent out and enjoy its investment performance.
Property History for 2/16 Mcdonald St, Preston, VIC 3072
- 21 Oct 2024Sold for $630,000
- 02 Oct 2024Listed for Sale $600,000 - $660,000
- 14 Oct 2020Listed for Rent $340 / week
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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 20,861 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.
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