SOLD
Sold on 18 Jun 2024 for $716,000

4/5 Mcdonald Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 100m2
Sold By
RT Edgar Inner North
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Property Details for 4/5 Mcdonald St, Preston

4/5 Mcdonald St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 100m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
73m2
Land Size
100m2
Local Government
Darebin
Lot/Plan
4/RP2053

Last Listing description (June 2024)

Welcome to your new sanctuary nestled in the heart of vibrant Preston! This delightful two-bedroom residence, with a newly renovated kitchen and bathroom, freshly painted throughout, offers a harmonious blend of comfort, convenience, and effortless living. Being one of only four, whether you're a first-time buyer, downsizer, or astute investor, this home promises to cater to your every need, providing the quintessential elements for a fulfilling lifestyle right at your fingertips.
Step inside, and bask in the gentle embrace of abundant natural light cascading into the inviting lounge area, creating an ambiance of warmth and tranquility. The layout seamlessly transitions into the kitchen and meals space, where ample bench space and clever storage solutions await, ensuring both practicality and style.
Both generously sized bedrooms boast built-in robes and dual windows, offering serene havens for relaxation and rejuvenation. The central bathroom is thoughtfully appointed with all the essentials, complemented by the luxury of a separate toilet. And the convenience of a dedicated laundry facility is a rare find indeed, elevating this gem to unparalleled heights. With easy access to your private courtyard, every moment beckons for outdoor enjoyment and relaxation.

Further enhancing the allure are modern comforts such as a wall-mounted air conditioner, gas heating, and sleek flooring, ensuring a seamless blend of style and functionality. Meanwhile, a secure courtyard and single lock-up garage provide peace of mind, allowing you to savor every aspect of your new abode without worry.
Don't let this coveted opportunity slip through your fingers. Embrace the chance to establish yourself in a premier locale where each day promises a tapestry of ease, fulfillment, and endless possibilities. Seize the moment and make this sanctuary your new home today!

Property History for 4/5 Mcdonald St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$716,000
18 Jun 2024
  • 18 Jun 2024
    Sold for $716,000
  • 06 Jun 2024
    Listed for Sale $640,000 - $680,000
  • 20 Apr 2013
    Sold for $390,000
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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 20,797 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, 773 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.