OFF MARKET

5/52 Newcastle Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 78m2
Land area: 119m2
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Last updated 30 Sep 2024
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Property Details for 5/52 Newcastle St, Preston

5/52 Newcastle St, Preston is a 2 bedroom, 2 bathroom Townhouse and was built in 2018. The property has a land size of 119m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Townhouse
Year Built
2018
Floor Size
78m2
Land Size
119m2
Local Government
Darebin
Lot/Plan
5/PS812568

Last Listing description (November 2022)

Be the first to enjoy this newly built two bedroom boutique residence ideally situated south of Bell Street. One of only five, the property is well suited for investors and first time buyers keen to move into this sought after residential area. The floor plan shines brightly with spacious open plan living, meals flowing onto a private, sun drenched court yard. The neatly adjoining kitchen benefits from quality stainless steel gas or electric appliances, dishwasher and stone benches. Enhanced with central bathroom or European laundry, powder room, split-systems, alarm, rain water tank and carport. Moments from Northland, schools, trams and Bell station.

Property History for 5/52 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$651,000
05 Jun 2020
Listed for Rent
$450/w
25 Mar 2022
  • 05 Jun 2020
    Sold for $651,000
  • 27 May 2020
    Listed for Sale Contact Agent
  • 27 Nov 2018
    Listed for Rent $500 / 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 20,795 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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