SOLD
Sold on 20 Sep 2024 for $495,000

503/54 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Land area: 2811m2
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Nelson Alexander Reservoir
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Property Details for 503/54 High St, Preston

503/54 High St, Preston is a 2 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 2811m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
69m2
Land Size
2811m2
Local Government
Darebin
Lot/Plan
H503/PS536256

Last Listing description (October 2024)

Contemporary, comfortable and convenient!

Filled with natural light, rich in contemporary luxuries and perfectly positioned to make the most of every possible amenity, this spacious two-bedroom apartment on the 5th floor of this boutique block delivers a sophisticated lifestyle retreat in a coveted setting.

Moments from the Plenty Road # 86 tram and central to Thornbury and Bell stations, local supermarkets and the cafes, eateries, and entertainment venues....in fact, all the delights of High Street (recently voted the World's Coolest Street) are a short walk away.

A thoughtful layout introduces an open plan living-meals stretching out from a stone-finished, Omega and Bosch-equipped kitchen, before stepping out to a balcony with space, to cook, dine and relax against the sparkling lights and glimpses of the city!

Of the two bedrooms, one enjoys balcony access, with the other making the most of ensuite access to a stone-finished bathroom with the convenience of laundry facilities.

Multiple split system units, engineered timber floors, video entry, lift, and secure basement parking with a cage enhance a living experience perfect for owner-occupiers and tenants alike!

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Property History for 503/54 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$495,000
20 Sep 2024
Listed for Rent
$460/w
04 Dec 2019
  • 20 Sep 2024
    Sold for $495,000
  • 14 Aug 2024
    Listed for Sale Private Sale $495,000
  • 01 Nov 2019
    Listed for Rent $460 / 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.
There are currently 73 properties listed for sale, and 48 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 761 properties were sold in the past 12 months in Preston.

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