4/172 Albert Street, Preston, VIC 3072 | Unit for rent | OnTheHouse
FOR RENT
$500 pw

4/172 Albert Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Available From
Tuesday 14 July 2026| Bond $2,172
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Stylish Renovated Unit in Prime Location – Walk to Northland - Water Usage Included!

Perfectly positioned in a highly convenient location within walking distance to Northland Shopping Centre, public transport, and local amenities, this beautifully renovated one-bedroom unit offers modern comfort, style, and low-maintenance living.
Designed to maximise natural light, the home features a spacious open-plan living and dining area that seamlessly connects to a private, sun-drenched courtyard. The contemporary kitchen is equipped with modern gas appliances and overlooks the landscaped outdoor space, making it ideal for both everyday living and entertaining.
Additional features include:
Spacious bedroom with ample natural light
Modern bathroom with integrated laundry facilities
Reverse-cycle heating and cooling for year-round comfort
Double-glazed windows providing enhanced peace, security, and energy efficiency
Private courtyard perfect for relaxing with your morning coffee or entertaining guests
Two car spaces, including one undercover space at the rear and an additional space at the front via Albert Street access
Offering a superb combination of location, quality, and convenience, this impressive property presents an outstanding opportunity for those seeking a stylish and comfortable lifestyle.
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Property Details for 4/172 Albert St, Preston

4/172 Albert St, Preston is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The place is currently for rent with Love Real Estate - Reservoir.

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,605 properties. Over the last 5 years, Houses in Preston have seen a 1.25% increase in median value, while Units have seen a 9.04% increase. As at 31 May 2026:

  • The median value for Houses in Preston is $1,197,462 while the median value for Units is $641,823.
  • Houses have a median rent of $700 while Units have a median rent of $570.
There are currently 74 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Rebecca Imbrosciano
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Love Real Estate - Reservoir
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.