SOLD
Sold on 08 Aug 2024 for $750,000

53 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 2780m2
Sold By
Jellis Craig Clifton Hill
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Property Details for 53 Plenty Rd, Preston

Building Type
Commercial
Year Built
2009
Floor Size
103m2
Land Size
2780m2
Local Government
Darebin
Lot/Plan
3B/PS536256

Last Listing description (February 2011)

Brand new retail investment
-New 5 year lease plus options
-Annual CPI reviews

-Located on the ground level of 113 apartment complex
_Car parking on title
-Prime location opposite Safeway supermarket
-Rent: $37,000 p.a.
Portfolio Auction 46
Crown Casino Melbourne
Jamie Perlinger 0413 860 315
Billy Holderhead 0422 817 696
To view our entire AUCTION PORTFOLIO 46, visit http://melbourne.burgessrawson.com.au/ and click on Portfolio Auctions.

Property History for 53 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$750,000
08 Aug 2024
Listed for Rent
$360/w
15 Jul 2015
  • 08 Aug 2024
    Sold for $750,000
  • 11 Feb 2011
    Listed for Sale PLEASE CONTACT ANY OF THE MARKETING AGENTS
  • 09 Jul 2010
    Listed for Sale PRIVATE SALE $393,000
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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 20,749 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 72 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 759 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.