OFF MARKET

3/1 Mcdonald Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 173m2
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Last updated 11 Nov 2024
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Property Details for 3/1 Mcdonald St, Preston

3/1 Mcdonald St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 173m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 1993.

Building Type
Unit
Floor Size
88m2
Land Size
173m2
Local Government
Darebin
Lot/Plan
3/SP23275

Last Listing description (June 2021)

This immaculately presented two bedroom unit is well situated in one of Melbourne's most sought after locations in Preston's West. Enter into a large living/lounge area with floating floor boards and reverse cycle heating and cooling and amazingly presented with stunning curtains and plenty of natural light with access to the rear yard. With security doors on front and rear doors and added security is the alarm system. Kitchen with gas cooking facilities and separate laundry. To the side of the home there are two bedroom, both complete with wall to wall carpets, and built in robes. Clean and bathroom and separate shower and bath. Large front and rear yards and lock up garage. All of this within walking distance to Gilbert Road tram, Preston train station and Preston's popular shopping district. Inspect now.
LOVE REAL ESTATE - NO 1 FOR PROPERTY MANAGEMENT **INSPECTION BY APPOINTMENT ONLY - REGISTER YOUR INTEREST** Please note that all inspection times are subject to change.

Property History for 3/1 Mcdonald St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$100,000
13 Feb 1993
Listed for Rent
$380/w
02 Jun 2021
  • 21 May 2021
    Listed for Rent $380 / week
  • 14 Nov 2016
    Listed for Rent $380 / week
  • 15 May 2013
    Listed for Rent $370 / 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 20,861 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 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 755 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.