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Overview
This impressive top floor apartment offers a bright and airy living environment accentuated by spacious dimensions, perfectly suited for those entering the property market or savvy investors. Its coveted location places it within walking distance of essential amenities including public transport, The Preston Market, and the bustling High Street, enhancing convenience and lifestyle appeal.
The apartment's layout thoughtfully zones two generous bedrooms around a centrally located bathroom and integrated laundry, maximizing functionality within a streamlined footprint. Complementing these is an open plan kitchen, meals, and living area that promotes effortless daily living and entertaining potential.
- The kitchen benefits from ample storage and functional appliances, alongside plentiful bench space conducive to meal preparation and culinary activities.
- Additional features such as split system heating and cooling, tiled floors, and window furnishings contribute to comfort and ease of maintenance throughout the home.
- A dedicated single car space on title offers secure parking, adding to the property's overall convenience.
Overall, this apartment presents a practical and appealing option for first home buyers seeking to establish themselves in a vibrant community or investors targeting stable rental returns, noted by a current rental income of $1,738 PCM. The blend of location, layout, and features ensures a versatile living space tailored to contemporary urban lifestyles.
Local Market Insights
In Preston, Quiet Listings observed 7 new apartments entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $410,714. The property type mix of listed properties is predominantly Houses at 52%, followed by townhouses (24%), and apartments (16%). The most active agency for apartments in the Preston area is currently Nelson Alexander, representing 29% of new listings, followed by Melbournian Property Group with 29%. 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.
Change History
| Headline | When |
|---|---|
| UNDER CONTRACT | |
| $400,000 - $440,000 | |
| $400,000 - $440,000 |
Location
Market Insights for Preston VIC 3072
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