OFF MARKET

5/7 Cooma Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 992m2
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Property Details for 5/7 Cooma St, Preston

5/7 Cooma St, Preston is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 992m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1970
Floor Size
45m2
Land Size
992m2
Local Government
Darebin
Lot/Plan
5/RP2096

Last Listing description (August 2023)

Lush gardens create an idyllic setting for this superbly updated, ground floor one bedroom apartment offering an outstanding, low-maintenance lifestyle in a perfectly convenient location. Quietly tucked in a solid brick block embraced by gardens, this sizeable apartment is one of only eleven. Privately set at the rear, freshly painted and newly carpeted it makes a sensational first-home buyer/investor option offering affordable entry to Prestons's brilliant transport, caf and shopping options, near Preston Market, High Street and Plenty Road trams.

Carpets line extensive L-shaped living and dining zones
Gas cooktop and electric oven in a bright modern kitchen

Double bedroom with robes with an ensuite bathroom
Heating/cooling, laundry taps and car space on title
Near Central Preston shopping, iconic market and transport
Stylish, affordable first home or investment opportunity

Property History for 5/7 Cooma St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$275,000
21 Jun 2023
Listed for Rent
$290/w
24 Jun 2022
  • 21 Jun 2023
    Sold for $275,000
  • 09 May 2023
    Listed for Sale UNDER CONTRACT
  • 10 Oct 2019
    Listed for Rent $290 / 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.