OFF MARKET

31 Hotham Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 175m2
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Property Details for 31 Hotham St, Preston

31 Hotham St, Preston is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 175m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1900
Floor Size
67m2
Land Size
175m2
Local Government
Darebin
Lot/Plan
1/TP530115

Last Listing description (July 2021)

Some great real estate advice when wanting to buy into a great neighbourhood is to buy the worst house in the best street. The benefit of this is that you can get in to the postcode at an affordable level, invest in the property's value through improvements and renovations, then match values of the surrounding homes in little time, thus owning a great home in a great street.

That's just the excellent and rare opportunity presented to you now at 31 Hotham Street, Preston.

A very average... well let's be honest, well and truly below average two bedroom house, sitting on an allotment of land of approximately 176m2, featuring solid bluestone build, situated in the magnificent, tree lined exclusive Hotham Street, only 9km from the CBD, just meters away from the Thornbury border. You will be within walking distance to local parks, Preston South Primary School, supermarkets, local cafes, shops, public transport, and much more, practically all modern conveniences within walking proximity. What a lifestyle!

So get your work boots on and your tools ready because this is an opportunity you definitely do not want to miss.

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

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, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.

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Property History for 31 Hotham St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$951,000
10 Apr 2021
  • 10 Apr 2021
    Sold for $951,000
  • 10 Mar 2021
    Listed for Sale Auction
  • 01 Feb 1986
    Sold for $55,000
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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 21,005 properties. Over the last 5 years, Houses in Preston have seen a 16.22% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Preston is $1,135,746 while the median value for Units is $616,510.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 65 properties listed for sale, and 39 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 772 properties were sold in the past 12 months in Preston.

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