OFF MARKET

3/21-23 Cormac Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 159m2
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Property Details for 3/21-23 Cormac St, Preston

3/21-23 Cormac St, Preston is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 159m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2003
Floor Size
63m2
Land Size
159m2
Local Government
Darebin
Lot/Plan
3/PS512454

Last Listing description (October 2023)

Centrally located in the heart of Preston, just off Bell Street, this neat and sweet home is an excellent downsizer, investment or entry in to the real estate market.

Offering an open plan living/dining space with integrated contemporary kitchen that features ample storage and bench space, stainless steel appliances and dishwasher, the home is filled with natural light, neutral tones, high ceilings and timber flooring. Suited to a couple or single, the bedroom is fully robed and has easy access to the central bathroom and separate laundry.

Outside, the private rear yard is neat and low maintenance, making this a perfect space to retreat and enjoy.

Additional benefits include ducted heating, split system cooling, lock up garage with internal access, ducted vacuum, and the peace of mind of being set in a development behind secure gates. With the world at your doorstep, including easy access to the CBD, Preston Market, Bell Train Station and so much more, this is an excellent opportunity that will not disappoint.

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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 3/21-23 Cormac St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$575,000
19 Aug 2023
Listed for Rent
$350/w
22 Mar 2022
  • 19 Aug 2023
    Sold for $575,000
  • 26 Jul 2023
    Listed for Sale AUCTION Sat 19 Aug 10am
  • 22 Mar 2022
    Listed for Rent $350 / 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 20,792 properties. Over the last 5 years, Houses in Preston have seen a 32.89% increase in median value, while Units have seen a 14.94% increase. As at 31 July 2024:

  • The median value for Houses in Preston is $1,168,519 while the median value for Units is $604,072.
  • Houses have a median rent of $615 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 785 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.