OFF MARKET

2/1A Watson Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 174m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2/1a Watson St, Preston

2/1a Watson St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 174m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1970
Floor Size
91m2
Land Size
174m2
Local Government
Darebin
Lot/Plan
2/SP27228

Last Listing description (May 2022)

Only 2 in the block this rear unit is a rare chance not to be missed.
Larger than most it comprises 2 good size bedrooms with BIR's, large lounge, ducted gas heating, generous size timber kitchen plus dining area, bathroom with separate shower, separate laundry and toilet, with an L- shaped rear yard and garage. Currently leased making an excellent investment opportunity or ideal first home.
Just off Bell St with easy access to cafes, shops, station, tram and market.

Note photos are when vacant-property now rented.

COVID-19 Restrictions
Please note under the new government announcements private one on one inspections have to be pre booked and will have a 15min limit. If you would like to view the property, please contact us directly for an appointment. We request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team and refrain from touching any items/fixtures and doors within the property. You must wear a face mask and we will provide gloves for your appointment. If you would like to view something in particular, please request the agent's assistance. Thank you for your understanding.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2/1a Watson St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$625,000
08 Nov 2020
Listed for Rent
$320/w
12 Feb 2016
  • 08 Nov 2020
    Sold for $625,000
  • 21 Oct 2020
    Listed for Sale $590,000 - $649,000
  • 12 Jan 2016
    Listed for Rent $320 / week
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Preston 3072

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.