SOLD
Sold on 01 Mar 2024 for $1,577,400

608-622 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 2720m2
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Property Details for 608-622 Plenty Rd, Preston

Building Type
Commercial
Year Built
2012
Floor Size
68m2
Land Size
2720m2
Local Government
Darebin
Lot/Plan
3/LP2995

Last Listing description (July 2019)

THE WAY TO MAKE INVESTING INVITING
The lifestyle appeal is undeniable, the investment credentials cannot be questioned from both perspectives this bright apartment makes perfect sense!
Polished floorboards, attractive proportions and reverse cycle heating/cooling complement a living/dining domain that opens to a balcony which is easily large enough for entertaining while the integrated kitchens stone benches and stainless steel appliances, including a dish-washer, function with fabulous efficiency.

A main bedroom with its own ensuite and a second substantial bedroom overlooking the balcony provide ideal accommodation, enhanced by built-in robes in both bedrooms, and a second bathroom that makes investment success even easier to achieve.
To illustrate the point: this exceptional apartment is currently tenanted at $415 per week until the lease concludes on 16/10/2019.
Secure swipe card entry, video intercom system, allocated garage space and a communal courtyard further define the desirability of an address offering immediate access to the local supermarket, the High Street scene, trams routes and trains from Thornbury train station only some 700m away.

Property History for 608-622 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,577,400
01 Mar 2024
  • 01 Mar 2024
    Sold for $1,577,400
  • 01 Mar 2024
    Sold for $3,202,600
  • 07 Jun 2019
    Listed for Sale Not Disclosed
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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 20,866 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 75 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 761 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.