OFF MARKET

5 Isaacs Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 487m2
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Last updated 16 Dec 2024
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Property Details for 5 Isaacs St, Preston

5 Isaacs St, Preston is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 487m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Floor Size
120m2
Land Size
487m2
Local Government
Darebin
Lot/Plan
6/LP7327

Last Listing description (November 2021)

Government directions require all open home and onsite auction attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We can also assist you with bidding for this property. We thank you for assisting us as we implement directions from the Victorian government.

Zoned Priority Development Zone -Schedule 2 sits this amazing opportunity to secure 491sqm of prime corner allotment land south of Bell Street and packed with potential.


With plenty of potential and options available with an aggressive zoning, the astute developer can reap the rewards of the rental yield while they get their plans (STCA).

Abutting of park, Darebin Arts Centre and a school
Next door to Bell Station
Current 3 bedroom home with a rear bungalow as a fourth bedroom
Current home leased out for $1,955pcm



Please contact Mathew Marotta for a copy of the Information Memorandum.

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Property History for 5 Isaacs St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,330,000
13 Nov 2021
Listed for Rent
$450/w
12 Apr 2013
  • 13 Nov 2021
    Sold for $1,330,000
  • 20 Oct 2021
    Listed for Sale ONSITE AUCTION - $1,250,000 - $1,350,000
  • 06 Mar 2013
    Listed for Rent $450 / 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 21,005 properties. Over the last 5 years, Houses in Preston have seen a 16.22% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Preston is $1,135,746 while the median value for Units is $616,510.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 65 properties listed for sale, and 39 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 772 properties were sold in the past 12 months in Preston.

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