SOLD
Sold on 20 Feb 2024 for $435,000

605/1 High Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
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Property Details for 605/1 High St, Preston

605/1 High St, Preston is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
52m2
Local Government
Darebin
Lot/Plan
605/PS713587

Last Listing description (May 2024)

Contemporary elegance meets compelling excellence at the entry level throughout this beautiful apartment where a generous living and dining area is complemented by reverse cycle heating/cooling, balcony views and a sophisticated, impressively appointed kitchen.

A bright double bedroom with built-in robes and its own attractive balcony access is served by a gleaming separate bathroom that confirms the quality of spaces offering exceptional first home buyer success.

Secure garaging and a storage cage further enhance the complete convenience of a highly sought after Thornbury border setting that puts shops, trains, trams and cafes all at the base of a building distinguished by designer lines and the ability to provide rich lifestyle rewards and pleasing investment returns.

Property History for 605/1 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$435,000
20 Feb 2024
Listed for Rent
$395/w
25 Jun 2021
  • 20 Feb 2024
    Sold for $435,000
  • 08 Feb 2024
    Listed for Sale $435,000
  • 14 Jun 2021
    Listed for Rent $395 / 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 20,867 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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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.