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Sold on 23 Sep 2024 for $352,000

3/43 Spring Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 1046m2
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Nelson Alexander Reservoir
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Property Details for 3/43 Spring St, Preston

3/43 Spring St, Preston is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1046m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Land Size
1046m2
Local Government
Darebin
Lot/Plan
3/RP16733

Last Listing description (October 2024)

This low-maintenance apartment is your easy entry to the heart of sought-after Preston! Set within a stroll of Preston Market, buzzing High Street and trains to the city, there's no end of convenience for savvy nesters or investors.

The bright and comfortable lounge is warmed by a wall heater, flowing to the tidy kitchen and meals with ample shelving and freestanding cooker. Settle into two good-sized bedrooms with built-in robe to one, each sharing the central bathroom/laundry with shower-over-bath and mirrored vanity. A single car space is provided for secure off-street parking.

Stroll to beloved Preston Market alongside Woolworths and ALDI supermarkets, while High Street is just beyond for endless shops, boutiques, cafes, restaurants, grocers, bakeries and more! Preston Station is a mere 600m away for effortless transport to the CBD, passing through vibrant Thornbury and Northcote for further fantastic amenities.

Also within easy reach are local parks, schools and cycling paths, La Trobe University, Melbourne Polytechnic (Preston), Northland Shopping Centre, Austin/Mercy Hospital, tram lines and additional shops/cafes/restaurants on nearby Sydney Road.

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Property History for 3/43 Spring St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$352,000
23 Sep 2024
Listed for Rent
$300/w
04 Oct 2019
  • 23 Sep 2024
    Sold for $352,000
  • 24 Jun 2024
    Listed for Sale Under Offer
  • 25 Sep 2019
    Listed for Rent - Price not available
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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.

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