SOLD
Sold on 05 Dec 2023 for $340,000

707/5 Blanch Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 1233m2
Sold By
Dynamic Residential - Sales
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Property Details for 707/5 Blanch St, Preston

707/5 Blanch St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1233m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
45m2
Land Size
1233m2
Local Government
Darebin
Lot/Plan
707/PS732089

Last Listing description (February 2024)

Striking to look at, sensational to live in, Bellview is a Rothelowman's Architects designed address that brings a fresh aesthetic to a Preston setting, where ample lifestyle credentials and investment potential is well established.

Apartment 707 offers the flexible opportunity to create a second bedroom or offers a versatile work-from-home space, that is both spacious and well-lit.

Greenery, natural light and a sweeping city skyline makes for a brilliant backdrop to compliment this beautiful apartment. This two bedroom and single bathroom includes an expansive balcony that provides impressive outlooks towards the city skyline, an open-plan gallery style kitchen featuring stainless steel appliances, an ample amount of storage space, reverse cycle heating/cooling and an integrated laundry.

The architecturally-designed Bellview also features a six-star energy rating, 24-hour security surveillance and secure, basement parking for one.

Apartment 707 is at the centre of Preston's most enticing precinct, within a short walk or ride of High Street cafes and restaurants, Preston Market, Bell station, trams and parklands.

Featuring:
Stainless steel appliances
Sliding glass doors to a spacious balcony with city views
A single and bright bedroom with large BIR
Sleek central and versatile bathroom
Heating/cooling, video intercom and secured garage
Walk to Preston Market or public transport

Property History for 707/5 Blanch St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$340,000
05 Dec 2023
Listed for Rent
$385/w
13 Jun 2019
  • 05 Dec 2023
    Sold for $340,000
  • 01 Aug 2023
    Listed for Sale Not Disclosed
  • 13 May 2019
    Listed for Rent $385 / 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 20,796 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.