SOLD
Sold on 20 Mar 2024 for $513,000

306/7 Warrs Avenue
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
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Nelson Alexander Reservoir
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Property Details for 306/7 Warrs Ave, Preston

306/7 Warrs Ave, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Local Government
Darebin
Lot/Plan
306/PS722199

Last Listing description (April 2024)

Right in the heart of popular Preston just off bustling High Street, this spacious light-filled apartment is the perfect blend of fresh modern living and inner-city convenience. Singles, couples and professionals will thrive in this dynamic location next to shopping, dining, cafes, parkland and transport to the city.

Timber flooring brings warmth and charm to the generous open plan living and dining zones, each sharing split system heating/cooling and a wealth of natural light via floor-to-ceiling windows. Step outside the full-length undercover balcony for ample outdoor space with wide district views.

The stylish kitchen shines with stone benchtops, stainless steel appliances and a mirrored splashback. Both large bedrooms are comfortably carpeted with built-in robes (plus balcony access from the main), each sharing the sleek fully-tiled bathroom with large shower, mirrored vanity and separate laundry.

A secure stacker car space is provided, while Bell Station and the No. 86 tram are approx. 500m from your doorstep. Explore the endless restaurants, cafes, grocers, bars and boutiques along buzzing High Street, with Woolworths and ALDI just across the road and Northland Shopping Centre mere minutes away.

Travel easily to Preston Market, Psarakos Market or down through trendy Thornbury and Northcote for further exciting shopping and nightlife. Walk to several local parks for refreshing green space and cycling trails, or travel straight down to the CBD at any moment's notice.

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Property History for 306/7 Warrs Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$513,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $513,000
  • 31 Jan 2024
    Listed for Sale Under Offer
  • 03 Dec 2015
    Listed for Sale UNDER CONTRACT
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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 26.50% 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 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 776 properties were sold in the past 12 months in Preston.

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