1/2 Leicester Street, Preston, VIC 3072 | Townhouse for sale | OnTheHouse
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1/2 Leicester Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Architecturally Designed Home In The Heart of Preston

Leader Real Estate is pleased to present a brand new, architecturally designed executive townhouse in a premier Preston location.
This stunning property combines luxury and light-filled living with breathtaking city views. Featuring five-star finishes and a sophisticated layout, this home offers the perfect blend of style and comfort.
Upon entering, you'll find a welcoming lower level with two spacious bedrooms, each featuring built-in robes, a central bathroom, and direct access to a garage.
The first floor is dedicated to open-plan living and dining, complemented by an integrated kitchen. This light-filled area provides ample space for relaxation or entertaining, boasting a classy kitchen with stone benches and stainless steel appliances. The adjoining two (2) balconies are perfect for a morning coffee, offering incredible views of the CBD.
The top floor features a master bedroom with an ensuite, making this residence ideal for families, professionals, or astute investors seeking comfort and convenience. Additional features include year-round comfort with four (4) split-system heating/air-conditioning, hybrid floors, double-glazed windows, window furnishings, and under-stair storage.
Quality craftsmanship is evident throughout, with meticulous attention to detail. This property offers the best of Preston living, with Preston Station, Bell Station, Preston Market, Preston West Primary, and zoning for Preston High School all just moments away.
Here’s a summary of its key features:
* Three spacious bedrooms serviced by two bathrooms.
* Open-plan kitchen, meals, and living area with a connecting balcony overlooking the CBD.
* Tandem garage with internal access.
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Property Details for 1/2 Leicester St, Preston

1/2 Leicester St, Preston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for sale with Leader Real Estate Agency.

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 21,604 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 73 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 936 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Raj Kapoor
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Leader Real Estate Agency
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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.