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Sold on 03 Aug 2024 - Price Unavailable

58 Wood Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 586m2
Sold By
Fletchers Bundoora
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Property Details for 58 Wood St, Preston

58 Wood St, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 586m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
102m2
Land Size
586m2
Local Government
Darebin
Lot/Plan
23/LP52501

Last Listing description (August 2024)

Discover a true gem nestled in the heart of a prime Preston locale, offering unparalleled convenience and endless possibilities.
This exceptional property sits on a generous 586sqm approx. block, making it an ideal investment opportunity, a potential development site (STCA), or a perfect family haven with expansive yard space for leisure and play.
Boasting 3 spacious bedrooms, 2 with built-in robes, a centrally located and well-lit bathroom, a generous main lounge area, and a kitchen equipped with ample cupboard and pantry space, this home is designed for comfort and practicality. Ducted heating and Spilt system cooling units ensure year-round comfort, while stunning polished floorboards throughout add a touch of timeless style.

Outside, you'll find ample off-street parking, complemented by a single carport and a rear garage with side gates for added security and convenience. The property's location is unparalleled, with Northland Shopping Centre right at your doorstep, offering a plethora of retail outlets, restaurants, cinema, and cafes, along with essential amenities like supermarkets.
For those who love fresh produce and local flavours, Preston Market is just a stone's throw away, alongside nearby homemaker centres for all your shopping needs. Public transport options abound, with buses, Tram 86, and Regent Train Station all within easy reach, ensuring effortless connections to the city and beyond.
Nature enthusiasts and fitness aficionados will appreciate the proximity to Darebin Creek Trail, Olympic Park, and W Ruthven VC Reserve, providing ample opportunities for outdoor activities and relaxation.
Don't miss out on this rare opportunity to secure a property that truly offers everything you need right at your doorstep. Whether you're looking to invest, develop, or settle into a thriving community, this Preston gem ticks all the boxes for a modern, convenient lifestyle.

Terms: 10% deposit, balance 30/45/60 days

Property History for 58 Wood St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
03 Aug 2024
Listed for Rent
$320/w
09 Jul 2020
  • 03 Aug 2024
    Sold
  • 01 Jul 2024
    Listed for Sale Not Disclosed
  • 25 Feb 2023
    Sold for $905,000
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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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 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.