SOLD
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Sold on 26 Oct 2024 for $830,000

38 Sheila Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 523m2
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Property Details for 38 Sheila St, Preston

38 Sheila St, Preston is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 523m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1950
Land Size
523m2
Local Government
Darebin
Lot/Plan
223/LP10876

Last Listing description (October 2024)

This delightful brick residence is full of potential, located in one of Preston's most desirable areas. Whether you're a family, professional, or investor, this property offers a fantastic opportunity to secure prime real estate.

The home features two bright and airy bedrooms serviced by a functional central bathroom, along with a spacious kitchen offering ample storage. The open-plan living and dining area is perfect for both relaxation and entertaining. Outside, the private backyard includes a well-maintained garden, shed, and patio-creating a peaceful outdoor escape.

Positioned just minutes from Northland Shopping Complex, local schools, and public transport, with Preston Market and Northland Shopping Centre only a short drive away, this property ensures convenience and an unbeatable lifestyle. Sitting on a rectangular 523sqm (approx.) block, this home offers endless opportunities for renovation or redevelopment (STCA).

Key details:

Land size: 523 sqm approx.
Deposit: 10% of the purchase price
Settlement options: 30/45/60 days

Embrace the potential and create your dream home or investment opportunity!

Property History for 38 Sheila St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$830,000
26 Oct 2024
Listed for Rent
$495/w
18 Jul 2018
  • 26 Oct 2024
    Sold for $830,000
  • 02 Oct 2024
    Listed for Sale $830,000
  • 11 Jul 2018
    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 20,870 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 77 properties listed for sale, and 44 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Barry Plant - Northcote
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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.