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Sold on 17 Aug 2024 for $1,096,000

2 Eric Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 120m2
Land area: 544m2
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Property Details for 2 Eric St, Preston

2 Eric St, Preston is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 544m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Preston in the last 12 months.

Building Type
House
Floor Size
120m2
Land Size
544m2
Local Government
Darebin
Lot/Plan
13/LP19952

Last Listing description (October 2024)

The living spaces and the land size that define this two bedroom design deliver exceptional dimensions on an irregular allotment featuring a north-facing rear aspect. As a present day combination the appeal is evident - and as an opportunity to stamp your own style on its proportions, this address is equally attractive. Separate zones for formal and informal living, dining and indoor-outdoor entertaining are arranged around the impeccably maintained open-plan kitchen of a floor-plan where two double bedrooms and a central bathroom provide inviting current day character. Outdoors, the presence of a pergola, garage, carport and additional parking behind the wide frontage illustrates the scope for re-imagining or re-inventing, STCA, to create a property where family friendly accommodation will match the scale of the block. Or, simply continue to enjoy a two bedroom format featuring such luxuriously large living and outdoor areas. Proximity to the Murray Road/Gilbert Road hub and the Merri Creek Trail ensures a fantastic future for this property, whichever approach is adopted.

Property History for 2 Eric St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,096,000
17 Aug 2024
  • 17 Aug 2024
    Sold for $1,096,000
  • 22 Jul 2024
    Listed for Sale $1,096,000
  • 10 Feb 2001
    Sold for $182,500

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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.

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