SOLD
Sold on 11 Dec 2023 for $834,000

3 Pender Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 398m2
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Property Details for 3 Pender St, Preston

3 Pender St, Preston is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 398m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
95m2
Land Size
398m2
Local Government
Darebin
Lot/Plan
12~B/LP2213

Last Listing description (December 2023)

Rise to the challenge and seize the opportunity to design the future of this 398sqm (approx.) allotment with rear lane access. Whatever shape the future takes, the location is key to this sites attraction with excellent facilities on your doorstep, perfectly positioned for development into a multi-dwelling site (STCA) or the original home may delight those looking to mix inspiration with perspiration and undertake a full scale renovation, restoring it to its previous best. Preston Market, High St shopping, Woolworths and Aldi, gymnasiums, sporting venues, schools, public transport trams, trains and buses all within striking distance. Certain to capture the attention of all savvy home buyers, renovators and developers as this exciting Preston property presents huge potential for reward.

Property History for 3 Pender St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$834,000
11 Dec 2023
Listed for Rent
$380/w
01 Aug 2019
  • 11 Dec 2023
    Sold for $834,000
  • 22 Nov 2023
    Listed for Sale $800,000 - $880,000
  • 22 Jul 2019
    Listed for Rent $380 / 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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 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.