502 Bell StreetPreston VIC 3072
Property Details for 502 Bell St, Preston
502 Bell St, Preston is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 476m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Preston in the last 12 months.
Last Listing description (April 2024)
Welcome to your future home or investment opportunity nestled in the heart of Preston. This charming home offers a perfect blend of comfort, convenience, and potential for development.
Key Features:
• 4 bedrooms, offering ample space for families or guests.
• 2-car garage providing secure parking and storage space.
• Expansive backyard, ideal for outdoor activities or future landscaping endeavours.
Situated in the vibrant suburb of Preston, this property enjoys a central location with easy access to an array of amenities. Just moments away from local shops, cafes, schools, and parks, convenience is at your doorstep. Enjoy the bustling Preston Market or take a leisurely stroll along Bell Street, soaking in the diverse culture and community atmosphere. The world's coolest street ‘High Street’ is less than 2min away, as voted by Timeout magazine.
Whether you're a savvy investor, a first-time homebuyer, or seeking a development opportunity, 502 Bell Street offers endless potential. With its strategic location and spacious layout, this property presents a promising investment prospect. Explore the possibility of renovating and adding value or consider the option of developing the site to maximize returns.
Proximity to public transport options including buses and trains, including the new Preston train station, facilitating easy commuting to the Melbourne CBD and surrounding areas.
Schools, universities, and TAFE institutions are all within reach, making it an ideal choice for families with children.
Don't miss out on this opportunity to secure your slice of Preston.
Property History for 502 Bell St, Preston, VIC 3072
- 15 Apr 2024Sold for $830,000
- 08 Apr 2024Listed for Sale $790,000 - $830,000
- 13 Jan 2015Listed for Rent $400 / 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 20,868 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.
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