OFF MARKET

5/42 Grandview Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 138m2
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Property Details for 5/42 Grandview Rd, Preston

5/42 Grandview Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 138m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1975
Floor Size
78m2
Land Size
138m2
Local Government
Darebin
Lot/Plan
5/RP9487

Last Listing description (June 2023)

Spacious and secure in an exclusive Preston setting, is this outstanding rear unit that delivers a secluded low-maintenance lifestyle with impressive house-like proportions. An entrance passageway flows past two bedrooms and a separate living zone that adjoins a lovely kitchen and meals area. The contemporary kitchen comes equipped with quality appliances and plentiful storage. There's also the added appeal of a family sized bathroom and laundry with direct access to a fantastic courtyard. Added highlights also include heating, quality window furnishings, pendant lighting and a single garage alongside a common parking space. All of this within minutes to Gilbert Rd shopping and dining, parklands, transport and local amenities.

Property History for 5/42 Grandview Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$620,000
10 Jun 2023
Listed for Rent
$350/w
14 Feb 2017
  • 10 Jun 2023
    Sold for $620,000
  • 17 May 2023
    Listed for Sale AUCTION: $580,000 - $630,000
  • 19 Oct 2016
    Listed for Rent $360 / 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.