24 Elm StreetPreston VIC 3072
Property Details for 24 Elm St, Preston
24 Elm St, Preston is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2024. The property has a land size of 581m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Preston in the last 12 months.
Last Listing description (May 2024)
All the hard work has been done, the permit is included Working drawings, Structural Engineering drawings, Energy rating report, Soil Report & Drainage / Civil design. BUY TODAY AND BUILD TOMORROW!
Discover the potential of 24 Elm Street, Preston - a charming three-bedroom home on a massive 586.9sqm (approx.) allotment that can be transformed into three luxurious townhouses. With plans already approved and permits in place, this property is ready to be developed according to your vision.
Located within walking distance of Northland Shopping Centre, Preston North East Primary School, and Northland Kinder Haven, this property is perfectly situated in a highly sought-after neighborhood. You'll have access to parks, the Darebin Creek Trail, and transportation options, making it a convenient and desirable location for tenants or homeowners alike.
The existing home is neat and tidy, featuring a light-filled living area, an open-plan meals/kitchen area, three spacious bedrooms, and a bright bathroom. Ducted heating and evaporative cooling ensure you'll be comfortable year-round, and the large north-facing backyard with a versatile bungalow is ideal for a home office, gym, or teenager's retreat. You could even lease the existing home out for extra income.
If you're an investor looking to maximize your returns or a homeowner seeking a project with huge potential, don't miss out on this incredible opportunity. Book your inspection today and see for yourself why 24 Elm Street is the perfect canvas for your next project.
REGISTRATION IS REQUIRED PRIOR TO INSPECTION - PLEASE CONTACT AGENT TO BOOK A TIME.
Property History for 24 Elm St, Preston, VIC 3072
- 05 May 2024Sold for $778,000
- 07 Dec 2023Listed for Sale Not Disclosed
- 26 May 2021Sold for $866,888
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0About 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.
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