SOLD
Sold on 20 Mar 2024 for $605,000

8/5 Ascot Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 97m2
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Nelson Alexander Reservoir
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Property Details for 8/5 Ascot St, Preston

8/5 Ascot St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 97m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
70m2
Land Size
97m2
Local Government
Darebin
Lot/Plan
8/RP4283

Last Listing description (March 2024)

South of Bell Street in a quiet cul-de-sac location, this brick villa provides a fantastic entry into Preston or quality addition to any property portfolio.

Excellent presentation throughout, the home's light-filled interior comprises two generous bedrooms (both with built-in robes) as well as an updated central bathroom and separate WC. Adding to the appeal is a spacious living area leading through to the neat kitchen/meals with electric cooker. Additional features include gas heating, stylish hybrid floors and internal laundry facilities, plus a full-width rear courtyard with undercover patio and off-street parking space.


Plenty Road trams around the corner along with the cafes and bars of High Street and South Preston Shopping Centre, it's also close to popular parks, Thornbury Station and is zoned to Preston South Primary & Preston High.

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Property History for 8/5 Ascot St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$605,000
20 Mar 2024
Listed for Rent
$360/w
10 Mar 2022
  • 20 Mar 2024
    Sold for $605,000
  • 29 Feb 2024
    Listed for Sale Auction $520,000 - $570,000
  • 06 Jan 2022
    Listed for Rent $360 / 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.

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