1-8/40 Showers Street, Preston, VIC 3072 | Townhouse for sale | OnTheHouse
FOR SALE
2 Bed $800,000-$850,000 3 Bed $950,000-$1m

1-8/40 Showers Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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CONSTRUCTION COMMENCED- HUGE STAMP DUTY SAVINGS

Due For Completion APRIL 2027
Only 5 exclusive Townhouses available - modern design, premium finishes, unbeatable location. Interest has been strong from our initial launch and we only have 5 townhouses left for sale.
Welcome to Showers Street a boutique collection of Brand new Inner City living, these 2 and 3 bedroom residences deliver the ideal blend of urban convenience and lifestyle relaxation.
Development by one the area's leading Townhouse developers P & A MINA Constructions, this is a great opportunity to secure a perfect home or investment and capitalise on enormous stamp duty savings. Well respected for selling their projects out in just a matter of weeks the opportunity will move quickly.
Property Highlights
• 2 & 3 spacious bedrooms including master suite with robe and ensuite • Designer kitchens with stone benchtops, premium appliances and ample storage • Lock up Garages • Open-plan living & dining flowing to private outdoor courtyards • High ceilings & full-height windows capturing natural light and breezes • Modern bathrooms with quality fixtures & sleek finishes • Low-maintenance landscaping-ideal for busy professionals or investors & private balconies
Location
Situated on Showers Street, you're only moments from: • 8km from Melbourne CBD • Preston market & High street bustling café's and restaurants • Northland shopping centre • Preston Station, trams along Plenty Road and numerous bus routes • Preston primary School, Bell Primary, and Preston High School
Why you'll Love It
These townhouses offer a rare opportunity to secure premium, low-maintenance living in the heart Preston, on the Thornbury border. Whether you're upsizing, downsizing, or investing in a high-demand area, this boutique development ticks every box.
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Property Details for 1-8/40 Showers St, Preston

1-8/40 Showers St, Preston is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Barry Plant - Reservoir.

Building Type
Townhouse
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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 21,618 properties. Over the last 5 years, Houses in Preston have seen a -1.16% decrease in median value, while Units have seen a 7.18% increase. As at 31 July 2026:

  • The median value for Houses in Preston is $1,185,725 while the median value for Units is $645,689.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 74 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 897 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Ross Kontossis
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Barry Plant - 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.