SOLD
Sold on 14 Mar 2024 for $1,030,000

2 George Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 478m2
Sold By
Nelson Alexander Reservoir
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Property Details for 2 George St, Preston

2 George St, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 478m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
98m2
Land Size
478m2
Local Government
Darebin
Lot/Plan
2/LP24053

Last Listing description (March 2024)

On the high side of the street in a popular pocket of West Preston this elevated solid-brick house sits on an unexpectedly large block of land of approximately 478 square metres. Light filled, the home is immediately welcoming with high ceilings and polished timber floors and while move in ready it offers huge potential to further renovate and extend (STCA) in the future. Beautifully presented it features three double bedrooms (1 x BIRs), updated central bathroom with shower over bath, spacious living room, and kitchen/meals with plenty of storage and stainless-steel appliances including gas stovetop and dishwasher, study/sunroom, and a sprawling rear garden. Other highlights include side drive, carport, split system heating and cooling, as well as ducted heating throughout, separate laundry, separate WC, and garden shed. In a convenient location it is close to buses, trams, local shops, Coburg Hill shopping centre, schools, Coburg Lake, High Street and Preston Market.

Property History for 2 George St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,030,000
14 Mar 2024
Listed for Rent
$580/w
27 Jun 2022
  • 14 Mar 2024
    Sold for $1,030,000
  • 18 Jan 2024
    Listed for Sale UNDER OFFER
  • 10 Mar 2022
    Listed for Rent $580 / week
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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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 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.