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Location

Market Insights for Preston VIC 3072

New Listings (last 30 days)

Average price

$434,500

Lowest price

$295,000

Highest price

$650,000

308/5 Blanch Street, Preston VIC 3072

EOI $300,000 - $330,000

Search Band

$300k - $350k High Confidence Calculated based on strong search observations.

Apartment 1 bed 1 bath 1 car

Listed: 6 days ago

Overview

This well-appointed apartment offers a stylish city-fringe living experience in the heart of Preston. Boasting a spacious bedroom and well-integrated living areas, it caters to those seeking a convenient and connected lifestyle.

The apartment’s fully equipped kitchen includes high-quality appliances such as a dishwasher and oven, facilitating effortless everyday cooking. The presence of a shared bathroom and laundry area enhances functionality, while a private balcony offers captivating city views, providing a serene outdoor retreat.

Located within walking distance of Bell Station and St Georges Road trams, alongside the vibrant High Street nightlife, this property is ideally situated for easy access to public transport, local amenities, and entertainment options.

This apartment would appeal to professionals and first-time buyers valuing convenience, accessibility, and a comfortable urban lifestyle.

Local Market Insights

In Preston, Quiet Listings observed 10 new apartments entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $434,500. The property type mix of listed properties is predominantly Houses at 48%, followed by townhouses (20%), and apartments (20%). The most active agency for apartments in the Preston area is currently Nelson Alexander, representing 30% of new listings, followed by Melbournian Property Group with 20%. 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.