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Sold on 26 Oct 2024 for $1,080,000

27 Raymond Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 106m2
Land area: 390m2
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Nelson Alexander Preston
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Property Details for 27 Raymond St, Preston

27 Raymond St, Preston is a 3 bedroom, 1 bathroom House. The property has a land size of 390m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Floor Size
106m2
Land Size
390m2
Local Government
Darebin
Lot/Plan
41/LP2386

Last Listing description (October 2024)

In a family-friendly neighbourhood close to the best of Preston and Coburg, this attractive period home offers an inner-urban lifestyle of immediate enjoyment along with exceptional potential to renovate and extend (subject to council approval).

Filled with natural light, the home's instantly appealing interior comprises three generous bedrooms all sharing a neat central bathroom and separate WC.

Add to this a spacious front living room, functional kitchen with gas cooker and internal laundry, along with gas heating and ducted evaporative cooling for year-round comfort.

Step outside to discover a substantial backyard with complete established gardens, 24 fruit trees and the added versatility of a large studio/home office, plus a large water tank and front off-street parking space.

Elizabeth Street buses around the corner along with Merri Creek trails and acres of parkland, it's also close to a choice of tram lines (Nicholson Street and Gilbert Road) and popular schools, as well as easy access to Preston Market and Preston Station.

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Property History for 27 Raymond St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,080,000
26 Oct 2024
  • 26 Oct 2024
    Sold for $1,080,000
  • 03 Oct 2024
    Listed for Sale Auction $950,000 - $990,000
  • 12 Aug 2009
    Listed for Sale Not Disclosed
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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 20,749 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 759 properties were sold in the past 12 months in Preston.

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