SOLD
Sold on 28 Aug 2024 for $695,000

2/25 Albert Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 146m2
Sold By
Nelson Alexander Reservoir
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Property Details for 2/25 Albert St, Preston

2/25 Albert St, Preston is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 146m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
82m2
Land Size
146m2
Local Government
Darebin
Lot/Plan
2/PS546924

Last Listing description (September 2024)

Unsurpassed convenience, both in terms of location and living, this superb two-bedroom townhouse is the foundation of no-fuss living, offering a private & carefree lifestyle with its spacious and low maintenance two level layout and seamless access to the best of Preston. An abundance of natural light throughout and an excellent sense of space enhances the appeal of the inviting open-plan living area on entry, which comfortably accommodates a well-appointed kitchen whilst extending onto an outdoor entertaining area and courtyard primed for your enjoyment whether it be hosting or relaxing. Upstairs, features two bedrooms where you can soak up the spectacular view across the neighbouring parkland from the master bedroom (with ensuite). Other conveniences include a well serviced bathroom (downstairs) with laundry facilities & shower, split-system heating/cooling and direct access to HLT Oulton Reserve via a private gate from your very own courtyard. Further emphasising the property's generous proportions and expansive appeal is an oversized garage with ample potential for a myriad of uses such as a workshop, home office or gym! One of only two on the block and privately tucked away at the rear, this excellent first home, investment or downsizing option will enhance your standard of living with its seamless access to the lifestyle attractions that Preston has to offer; including Northland Shopping Centre, the Darebin Creek Trail, Station St shops and cafes, public transport & easy access to the bustling High Street & Preston market.

Property History for 2/25 Albert St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$695,000
28 Aug 2024
Listed for Rent
$450/w
15 Oct 2020
  • 28 Aug 2024
    Sold for $695,000
  • 31 Jul 2024
    Listed for Sale Under Offer
  • 15 Feb 2022
    Sold for $705,000
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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.

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.