SOLD
Sold on 25 Jun 2024 for $1,280,000

40 Spring Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 581m2
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Property Details for 40 Spring St, Preston

40 Spring St, Preston is a 3 bedroom, 1 bathroom House. The property has a land size of 581m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Land Size
581m2
Local Government
Darebin
Lot/Plan
9/LP15031

Last Listing description (August 2024)

Nestled on a low-maintenance allotment of 579m2 approx. this captivating home is just steps from the serene Spring Street Reserve. Enjoy unparalleled convenience with Preston Station, the 'coolest strip in the world' status of High Street, and the bustling Preston Market all within easy reach. Embrace a lifestyle of effortless ease and dynamic living in this prime location and in the Primary West and Preston Secondary school zones. Polished floorboards, high decorative ceilings and an original lead-light front window reflect the period history of updated spaces including generous living and dining areas that lead to a separate kitchen/meals zone distinguished by timber tones and perfect presentation. 3 bedrooms sharing a central bathroom contribute their own inviting character to indoor proportions that are further complemented by a separate laundry, ducted heating and evaporative cooling. Framed by front and rear outdoor dimensions that will never need mowing, this enticing home, with substantial parking, offers an ideal opportunity to capture it today, appreciate its personality and explore its further possibilities whenever so desired

Expressions of Interest Closing Tuesday 2 July at 5:00pm

Property History for 40 Spring St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,280,000
25 Jun 2024
Listed for Rent
$490/w
30 Mar 2022
  • 25 Jun 2024
    Sold for $1,280,000
  • 07 Jun 2024
    Listed for Sale $1,200,000 - $1,320,000
  • 28 Mar 2022
    Listed for Sale $1,350,000 - $1,420,000
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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 20,868 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 74 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 760 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.