SOLD
Sold on 08 Oct 2024 for $347,500

405/7 Warrs Avenue
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
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Property Details for 405/7 Warrs Ave, Preston

405/7 Warrs Ave, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
55m2
Local Government
Darebin
Lot/Plan
405/PS722199

Last Listing description (November 2024)

***Car space is located in a Car Stacker***

Located on the fourth floor, this spacious and light-filled one-bedroom apartment offers convenient living just moments from the vibrant High Street. Designed with low-maintenance ease in mind, this apartment is perfect for modern lifestyles.

The property features an open-plan living area, a well-equipped kitchen with ample storage, a gas stove, an electric oven, and a dishwasher. The carpeted bedroom includes a walk-in robe, while the bathroom boasts a walk-in shower and floor-to-ceiling tiles. Additional conveniences include a Euro-style laundry, a private balcony, a reverse cycle split system, roller blinds, a security intercom, and one secure undercover car stacker space.

Enjoy the unbeatable location close to High Street cafes, Preston Market, public transport, and more. This apartment is sure to impress!

Property History for 405/7 Warrs Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$347,500
08 Oct 2024
Listed for Rent
$370/w
22 Oct 2019
  • 22 Nov 2024
    Listed for Rent $460 / week
  • 08 Oct 2024
    Sold for $347,500
  • 14 Oct 2019
    Listed for Rent $370 / 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 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 73 properties listed for sale, and 48 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 761 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.