SOLD
Sold on 20 Apr 2024 for $1,135,000

97 Pender Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 397m2
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Property Details for 97 Pender St, Preston

97 Pender St, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 397m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
122m2
Land Size
397m2
Local Government
Darebin
Lot/Plan
44~B2/LP2213

Last Listing description (July 2024)

This 3-bedroom Californian Bungalow in Preston offers a myriad of opportunities for prospective buyers.

Positioned on approximately 397 sq m approx. with both side and rear right-of-way, it opens doors to diverse possibilities in one of Preston's prime locations. Whether one chooses to renovate the existing structure, construct a remarkable family abode, or explore development potential (pending council approval), the canvas is rich with potential.

*Lounge room, kitchen/meals area, 3 bedrooms, central bathroom, and rear yard with storage sheds offer flexible living options.
*Close to Preston Market, High Street, primary schools, transport links, and parks for convenience.
*Versatile layout and prime location make it perfect for creative homeowners or investors.

This property represents an excellent chance for buyers to create something extraordinary. Whether it's transforming it into a charming family haven, embarking on a development venture, or simply enjoying its prime location and amenities, the possibilities are endless.

With its convenient access to essential facilities and vibrant surroundings, this Californian Bungalow stands as a promising investment in the heart of Preston, ready to be moulded into something truly special.

Terms: 10% deposit, balance 30/45/60 days

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Property History for 97 Pender St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,135,000
20 Apr 2024
Listed for Rent
$350/w
08 Apr 2016
  • 20 Apr 2024
    Sold for $1,135,000
  • 20 Mar 2024
    Listed for Sale Contact Agent
  • 18 Mar 2022
    Listed for Sale EOI $1,120,000 - $1,190,000
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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 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 776 properties were sold in the past 12 months in Preston.

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