SOLD
Sold on 19 Sep 2023 for $715,000

6/68 Bruce Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 117m2
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Property Details for 6/68 Bruce St, Preston

6/68 Bruce St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 117m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
117m2
Local Government
Darebin
Lot/Plan
6/RP9152

Last Listing description (December 2018)

Set well back from the road at the end of a well-presented boutique block, this single level villa enjoys a fabulous location. Central to the tram on St Georges and Gilbert Roads, and within easy reach of NMIT, Preston Station and the iconic Preston Market, it is a standout opportunity for a first home buyer or investor looking to add value over time.
Hardwood timber floors bring welcoming warmth to a surprisingly generous interior introducing two double bedrooms, both with robes, sharing the family bathroom, kitchen with dining nook and a spacious living room. A private, shady courtyard provides a relaxing alternative for summer entertainment and links the home to the single car garage.
Situated in one of Prestons best streets and with scope to update over time, this exceptional opportunity is one not to be missed.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 6/68 Bruce St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$715,000
19 Sep 2023
Listed for Rent
$300/w
26 Sep 2014
  • 19 Sep 2023
    Sold for $715,000
  • 26 Sep 2015
    Sold for $460,000
  • 16 Feb 2015
    Listed for Sale $380,000 - $420,000
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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 20,793 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 73 properties listed for sale, and 34 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 786 properties were sold in the past 12 months in Preston.

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