SOLD
Sold on 16 Jan 2024 for $440,000

509/5 Blanch Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 65m2
Land area: 1233m2
Sold By
Andrew Montalto
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Olivia Occhiuzzi
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Property Details for 509/5 Blanch St, Preston

509/5 Blanch St, Preston is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1233m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
65m2
Land Size
1233m2
Local Government
Darebin
Lot/Plan
509/PS732089

Last Listing description (April 2024)

See the city skyline from this beautiful apartment in the
'BELLVIEW' building - an address that's superbly situated on
Bell Street's south side, moments from Bell station, High Street,

Preston Market and all the area's cool caf and restaurant
options. The big city view from the under-cover balcony
complements sleek, chic living and dining spaces accompanied
by reverse cycle heating/cooling and a kitchen zone where
tones of stone and stainless steel are complemented by a
stylish glass splash-back. A main bedroom with an ensuite and
exceptional outlooks from its own covered balcony retreat sets
the standard for an equally inviting second bedroom - there are
views here too - served by the second bathroom. Allocated car
parking, storage, 6 star energy rating, keypad access, video
intercom and 24 hour security camera surveillance enhance an
opportunity to live your best Preston life or invest in a brilliant
setting less than 10km from the Melbourne's city centre.

Property History for 509/5 Blanch St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$440,000
16 Jan 2024
Listed for Rent
$420/w
01 Oct 2020
  • 16 Jan 2024
    Sold for $440,000
  • 13 Nov 2023
    Listed for Sale Not Disclosed
  • 01 Oct 2020
    Listed for Rent - Price not available
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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 20,867 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 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 768 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Contact agent
Andrew Montalto
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Olivia Occhiuzzi
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hockingstuart Reservoir
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Disclaimer
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.