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Overview
Located in a family-oriented neighborhood, this property presents a unique blend of classic Art Deco charm and considerable renovation or redevelopment potential.
The home sits on a substantial 678 square meter block with a notable 15.2 meter frontage, offering ample room to customize or extend according to your vision.
Inside, three bedrooms and a bathroom provide a comfortable base, with opportunities to modernize the interiors or reinstate period features to craft a distinct family residence.
Strategically positioned, it offers accessibility to key local amenities including schools, cafés, and popular shopping destinations such as Northland Shopping Centre and Preston Market. The proximity to public transport and parklands enhances both lifestyle convenience and recreational options.
This property suits buyers looking to invest their creativity and resources into a home with strong potential, whether as a personal project or a developmental prospect, granted council approval.
Local Market Insights
In Preston, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $1,259,815. The property type mix of listed properties is predominantly Houses at 40%, followed by apartments (25%), and townhouses (15%). Nelson Alexander was the most active agency in this area, representing 18.5% of all new listings in the last 30 days. 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.
Location
Preston VIC 3072
Market Insights for Preston VIC 3072
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