OFF MARKET

46 Wallace Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 235m2
Land area: 529m2
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Property Details for 46 Wallace St, Preston

46 Wallace St, Preston is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 529m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2024
Floor Size
235m2
Land Size
529m2
Local Government
Darebin
Lot/Plan
2/TP15235

Last Listing description (April 2023)

Calling all renovators, developers or those looking to build their forever family home in a prized Preston location. What we have on offer is a highly sought after allotment of 530sqm approx. that lends itself to a range of possibilities, including a development or a single knockdown-rebuild project (STCA). Perhaps you'd prefer to keep the original mid century building and renovate it to its former glory, whatever you choose you have nothing to lose and everything to gain with this solid home. The light-filled interior boasts a well-zoned single-level floor-plan with a separate living room, 3 spacious bedrooms serviced by a family bathroom plus a study zone and ample dining space in the well equipped kitchen. The homes' location is also a draw card, you will enjoy being in close proximity to public transportation, local cafes and restaurants, High St shopping, The Preston Market, local schools, parklands and amazing city views. This outstanding residence offers a range of exciting options; the one you choose could change your future, so inspect without delay!

Property History for 46 Wallace St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,220,000
01 Apr 2023
Listed for Rent
$420/w
07 Dec 2013
  • 01 Apr 2023
    Sold for $1,220,000
  • 28 Feb 2023
    Listed for Sale SALE
  • 07 Nov 2013
    Listed for Rent $420 / 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 20,867 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 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 769 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.