69 St Georges RoadPreston VIC 3072
Property Details for 69 St Georges Rd, Preston
69 St Georges Rd, Preston is a 2 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 676m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Preston in the last 12 months.
Last Listing description (October 2024)
Showcasing immense potential on a value-packed 676sqm (approx.) block, seize upon this outstanding opportunity to capitalise on the area's significant expansion and potential with your own luxurious urban creation (STCA)!
Only 8km (approx.) from Melbourne's CBD yet even closer to Ray Bramham Gardens, the No.11 tram, Bell train station, the cosmopolitan High Street strip, Bell Primary School, Melbourne Polytechnic, Gilbert Road cafes and Preston Market, the location is unbeatable as far as convenience is concerned.
As a result, you're encouraged to capitalise on the five-star location and generous land dimensions and redevelop (STCA) in one of Preston's most promising residential growth zones.
Featuring beautiful period qualities, classic high ceilings, two generously-sized bedrooms with built-in robes, versatile study/third bedroom option, charming living area that seamlessly connects with the formal dining room, spacious kitchen, bright bathroom, bungalow for extra living options, workman's shed for versatile storage, double garage with rear lane access, off-street parking for an extra three cars and an expansive backyard with an undercover area, you could also choose to keep this timeless beauty and renovate it into a contemporary classic or lease it out while awaiting relevant approvals.
Property History for 69 St Georges Rd, Preston, VIC 3072
- 12 Oct 2024Sold for $850,000
- 17 Sep 2024Listed for Sale AUCTION $790,000 - $860,000
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0About 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 20,864 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.
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