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9 Martin Street, Preston VIC 3072

Reserve Price: $1,000,000

Search Band Search Visibility Band

$1M - $1.1M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 584 m²

Listed: 22 days ago

Updated: 6 days ago

Overview

Situated in a sought-after Preston locale with close proximity to Plenty Road tram lines, Preston Market, and a vibrant mix of shops, cafes, and entertainment options along High Street, this Edwardian residence offers considerable lifestyle potential.

Positioned on an expansive 584 sqm parcel, the home's classic facade belies the generously proportioned interior. This provides a flexible foundation for buyers to renovate, enhance, or reimagine the space (subject to council approval), enabling personalization to suit a variety of needs.

The existing accommodation comprises three bedrooms and a family bathroom, supporting comfortable family living.
Living areas include a spacious lounge and an original kitchen adjacent to a family meals space, complemented by a versatile sunroom or study area that seamlessly connects to the rear yard.

The sizable backyard is a notable asset, featuring a studio or teen retreat, a paved entertainment area ideal for gatherings, a shed and workshop space for hobbies or storage, plus a garage with rear lane access providing practical vehicle and storage solutions. Additional driveway access to a Martin Street carport enhances convenience.

This property is appealing to those seeking a home with character and space in a well-connected neighbourhood, offering the chance to secure a substantial allotment in a tightly held pocket with potential to add value through future enhancements or subdivision possibilities.

Local Market Insights

In Preston, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $1,202,593. The property type mix of listed properties is predominantly Houses at 42%, followed by townhouses (25%), and apartments (16%). The most active agency for houses in the Preston area is currently Nelson Alexander, representing 41% of new listings, followed by Ray White with 15%. 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.