SOLD
Sold on 08 Mar 2024 for $1,125,100

27B Newcastle Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 111m2
Land area: 151m2
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Sold By
RT Edgar Northside
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Property Details for 27b Newcastle St, Preston

27b Newcastle St, Preston is a 3 bedroom, 2 bathroom Townhouse and was built in 2023. The property has a land size of 151m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Year Built
2023
Floor Size
111m2
Land Size
151m2
Local Government
Darebin
Lot/Plan
3/PS912424

Property History for 27b Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,125,100
08 Mar 2024
  • 08 Mar 2024
    Sold for $1,125,100
  • 10 Jun 2021
    Transferred

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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 20,748 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 75 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 751 properties were sold in the past 12 months in Preston.

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