SOLD
RECENT ADVICE
Sold on 26 Nov 2024 for $475,000

405/50 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 405/50 High St, Preston

405/50 High St, Preston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Preston in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Conveniently located on the 4th floor of the low-rise Highview building, this stylish and spacious two-bedroom apartment perfectly blends a lifestyle of ease and a location to love. Enjoying the ease and convenience of the city tram and Preston South Shopping Centre at the doorstep, the eclectic mix of dining, shopping, and entertainment options on High Street, recently voted the coolest street in the world, are footsteps away. A fantastic opportunity to nest or invest, affordability and desirability await!

* Stone-finished kitchen appointed with quality appliances
* Open-plan living featuring engineered timber flooring

* Large entertainers terrace accessed from living room and bedroom 1
* Spacious study with fitted desk, ideal for working from home!
* Basement car parking, secure foyer, split system climate control
* Deluxe stone bathroom with concealed laundry facilities

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 405/50 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$475,000
26 Nov 2024
Listed for Rent
$380/w
05 Feb 2015
  • 26 Nov 2024
    Sold for $475,000
  • 15 Nov 2024
    Listed for Sale SOLD - $475,000
  • 19 Aug 2022
    Listed for Rent $400 / week
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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 21,004 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 67 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 784 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Kannan Subramanian
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George Stathopoulos
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Love Real Estate - Reservoir
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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.