8 Laurel St, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 494m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
An easy walk from all the lifestyle benefits of nearby Northland, Summerhill Village and the tram on Plenty Road as well as buses to the CBD, Preston Station and La Trobe University, this solid, semi-detached home on a generous 489m2 allotment (approx) offers astute buyers a variety of options. Packed with future potential the existing home offers a generous living room, meals stretching out from a kitchen featuring stainless steel appliances and three bedrooms served by an updated bathroom. Delivering excellent rental prospects or a first home opportunity for any savvy buyer looking to add their own value-adding touches, the large, level allotment and proximity to so many desired amenities introduce options as a possible multi-home site (all STCA).
Ducted heating
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:
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