SOLD
RECENT ADVICE
Sold on 07 Nov 2024 for $480,000

505/54 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 505/54 High St, Preston

505/54 High St, Preston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Preston in the last 12 months.

Building Type
Apartment
Local Government
Darebin
Lot/Plan
H505/PS536256

Last Listing description (November 2024)

Expressions of Interest closes Thursday 19th September at 5pm

Catering to the needs of the most discerning lifestyle enthusiasts, this contemporary two bedroom apartment provides spacious scopes, immediate low-maintenance upkeep and a sought-after address located south of Bell Street. Part of the community-friendly Highview Apartments complex, it’s favoured for a near new communal entertainer’s courtyard landscaped with verdant garden beds and a relaxed BBQ area. Meanwhile, the property embodies a flowing open plan, boasting an airy meals/family domain that leads to an undercover balcony. With the stylish stone-bench kitchen easy to navigate and well-equipped in quality stainless-steel appliances including dishwasher, plus ample cabinetry. There is also a generous study alcove featuring a lengthy integrated workstation for two people. Sizeable, robed bedrooms (one with balcony access) flank the sparkling bathroom that provides a concealed European laundry. Further highlights comprise heat/cooling split systems, intercom entry, lift access, secure car space and storage cage. Approximately only 8.5km to our iconic CBD, with near by trams and Thornbury Station making the commute a total breeze. A brisk stroll to Preston South shops, Adams Reserve and trails. Additionally, just a five minute drive to renowned Preston Market and lively High Street eateries/boutique retail.

Property History for 505/54 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$480,000
07 Nov 2024
Listed for Rent
$390/w
30 Jun 2021
  • 07 Nov 2024
    Sold for $480,000
  • 14 Aug 2024
    Listed for Sale $485,000
  • 24 May 2021
    Listed for Rent $390 / 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 20,886 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 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 754 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.