OFF MARKET

2/262 Gower Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 712m2
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Property Details for 2/262 Gower St, Preston

2/262 Gower St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 712m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1968
Floor Size
78m2
Land Size
712m2
Local Government
Darebin
Lot/Plan
2/SP22428

Last Listing description (April 2021)

This spacious and secure two bedroom contemporary ground floor apartment could hardly be better situated. The orientation makes the most of natural light all year round, featuring generously sized bedrooms and living spaces typical to the era of the property. The solid construction of these established residences offer a different quality than what new builds have to offer with double bedrooms fully equipped showcasing block out blinds, built in robes and sleek timber floorboards offering a touch of luxury. The living area is spacious and comes with reverse cycle air conditioning and the stylishly renovated bathroom offers a sizeable shower with floor to ceiling tiles adding a sense of richness to the property. This secure unit is suitable for the downsizer, investor or first homebuyer who is looking for a short stroll to all amenities including the shops along High Street, the library within a stone throw, the Preston market just around the corner and very importantly, the train and tram lines being so close by.

Property History for 2/262 Gower St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$569,999
03 Apr 2021
  • 03 Apr 2021
    Sold for $569,999
  • 11 Mar 2021
    Listed for Sale ONSITE AUCTION - $460,000 - $500,000
  • 07 Nov 2019
    Listed for Rent - Price not available

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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 20,792 properties. Over the last 5 years, Houses in Preston have seen a 32.89% increase in median value, while Units have seen a 14.94% increase. As at 31 July 2024:

  • The median value for Houses in Preston is $1,168,519 while the median value for Units is $604,072.
  • Houses have a median rent of $615 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 785 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.