OFF MARKET

5/49 Austral Avenue
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 631m2
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Property Details for 5/49 Austral Ave, Preston

5/49 Austral Ave, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 631m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1960
Floor Size
45m2
Land Size
631m2
Local Government
Darebin
Lot/Plan
5/PS312430

Last Listing description (December 2023)

Designed to achieve a light-filled, interior with sophisticated finishes and modern comforts, this one bedroom apartment also blessed with an enviable location with Gilbert Road Shops, transport close by and High Street shopping at arms length.

What you need to know

Accommodation:

- 1 Bedroom
- Open plan living
- Gourmet kitchen with gas appliances and ample cupboard space
- Bright central bathroom

Comforts:

- Split system heating and cooling
- Built in robes
- Floating timber floors throughout

Amenities:

- Within a short stroll to trendy cafes, bars and restaurants
- Walking distance to tram
- Close to Bell St Primary School

* Rent payable per calendar month: $1738

Bond: $1738

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Property History for 5/49 Austral Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$315,000
03 May 2020
Listed for Rent
18 Dec 2023
  • 07 Dec 2023
    Listed for Rent $400 / week
  • 03 May 2020
    Sold for $315,000
  • 17 Mar 2020
    Listed for Sale Sale
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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 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 71 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 777 properties were sold in the past 12 months in Preston.

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