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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Preston VIC 3072
New Listings (last 30 days)
24
Average price
$1,217,500
Lowest price
$800,000
Highest price
$2,200,000
Other properties in this postcode

16 Foley Avenue, Preston VIC 3072

$1,000,000 - $1,100,000

House 2 Beds 1 Bath 4 Cars 537 m²
Listed: 56 days ago
Updated: 28 days ago
Overview

Situated in a quiet pocket on the south side of Bell Street in Preston, this property offers a wonderful opportunity to acquire a substantial 537sqm land parcel with original character and a highly sought-after north-facing rear garden.

The home itself retains much of its original charm, featuring timber floors, high ceilings and expansive windows that flood the spacious living area with natural light. The generous living room looks out to leafy surrounds, providing a serene setting for relaxation or entertaining.

Both bedrooms are well sized, providing comfortable accommodation. The adjoining kitchen and meals area, complete with distinctive retro cabinetry and timber flooring, present an inviting blank canvas for renovation to suit a contemporary lifestyle.

Outdoors, the north-facing rear garden is a prized asset, catching sunlight throughout the day and offering ample space for landscaping, extensions, or creating outdoor living and entertaining zones. Mature trees and established plantings add privacy and character to this generous backyard.

A separate bungalow enhances the property's versatility, ideal as a studio, home office or workshop space. Additional practical features include a double garage, multiple off-street parking spaces and a garden shed.

This home will appeal to those seeking a property with character and scope for personalization, whether via renovation, extension, or redevelopment (subject to council approval).

Conveniently located close to Thornbury Station, High Street amenities, Preston Market, Northland Shopping Centre, local schools, and numerous parks, this substantial Preston allotment combines location with flexibility and genuine potential.

This property represents a rare chance to secure north-facing land with original features and multiple possibilities in a highly desirable area. The vision for its future is wide open.

Local Market Insights

In Preston, Quiet Listings observed 24 new houses entering the market over the last 30 days, down from 29 during the previous 30-day period, with an average advertised asking price of $1,217,500. The property type mix of listed properties is predominantly Houses at 42%, followed by townhouses (24%), and apartments (20%). The most active agency for houses in the Preston area is currently Nelson Alexander, representing 46% of new listings, followed by Ray White with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.