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Sold on 11 Oct 2024 - Price Unavailable

48 Tyler Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 586m2
Sold By
Nelson Alexander Reservoir
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Property Details for 48 Tyler St, Preston

48 Tyler St, Preston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 586m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
2019
Floor Size
130m2
Land Size
586m2
Local Government
Darebin
Lot/Plan
20/LP58867

Last Listing description (October 2024)

Exciting possibilities await within! This original brick veneer set on a deep and appealing corner allotment of 586m2 presents a multitude of viable options to reimagine the future through renovation or redevelopment (STCA) - a true blank canvas for a new family home or the perfect addition to any astute investor's development portfolio.

To be sold with approved council and permits for four townhouse dwellings current accommodation delivers on retro authenticity, with two generous bedrooms, a central bathroom, separate formal living domains, laundry facilities plus a bright timber kitchen/meals area overlooking an enormous rear garden with off-street parking accessed via Seston Street.


Astute buyers with renovation and development smarts will quickly recognise the immense potential on offer, a rare opportunity to unleash creative vision and bring dream plans to life in a celebrated community minded locale to match. Enjoy a short stroll to acres of lush parklands and trails at Darebin Creek, plus easy access to local schools, Northland Shopping Centre, La Trobe University, and a myriad of public transport options straight into the heart of Melbourne CBD. Perfectly primed for its next new and exciting chapter to begin, make your mark and reap the rewards!

Property History for 48 Tyler St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
11 Oct 2024
  • 11 Oct 2024
    Sold
  • 12 Sep 2024
    Listed for Sale Under Offer
  • 19 Nov 2010
    Sold for $510,000
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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 20,861 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 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 755 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.