OFF MARKET

502/7 Warrs Avenue
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
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Last updated 28 Oct 2024
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Property Details for 502/7 Warrs Ave, Preston

502/7 Warrs Ave, Preston is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2015
Floor Size
100m2
Local Government
Darebin
Lot/Plan
502/PS722199

Last Listing description (October 2023)

On the edge of Thornbury this is the ultimate luxury apartment. Full of light, the immediately impressive entrance opens to the instantly striking interior with stunning city views and vast flowing spaces featuring a well-appointed entertainer's kitchen with quality Smeg appliances including fully integrated dishwasher, alongside an expansive dining and living area that seamlessly opens to a spacious terrace and an inviting alfresco dining space. Offering flexibility there are two double bedrooms (the main with WIR & ensuite), a third bedroom or home office, central bathroom, and European laundry. Other highlights include split system heating and cooling, video intercom entry and two secure car spaces. In a fabulous location it is steps from vibrant High Street with its popular bars and cafes, shops, trains, trams and only moments further to Preston Market, parks, and schools.

Property History for 502/7 Warrs Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$680,000
27 Sep 2023
Listed for Rent
$490/w
25 Jun 2019
  • 27 Sep 2023
    Sold for $680,000
  • 27 Jul 2023
    Listed for Sale Under Offer
  • 24 Mar 2020
    Listed for Rent $490 / 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 20,745 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 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 752 properties were sold in the past 12 months in Preston.

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