112 Tyler Street, Preston, VIC 3072 | House for sale | OnTheHouse
 
FOR SALE
Sale: $900,000

112 Tyler Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 619m2
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AMAZING POTENTIAL IN A PRIME LOCATION

Positioned on a generous 619m² (approx.) allotment, this property presents an exceptional opportunity to secure a site with outstanding potential for your next project (STCA). Zoned Residential Growth Zone - Schedule 3, the property offers excellent scope for future redevelopment or multi-dwelling potential, subject to council approval.
The existing single-level home offers three bedrooms, one bathroom, a spacious living area, and a large separate kitchen and dining zone. Comfortable and functional as is, the home provides the option to move in or lease out while planning your future vision. Additional features include split-system heating and cooling, ample off-street parking, a double carport, and a storage shed.
Ideally located within walking distance to Northland Shopping Centre, Preston North East Primary School, and convenient bus transport, this property represents a future-proof investment with exciting potential.
Whether you're looking to live in, renovate, rebuild, or redevelop (STCA), this is an opportunity not to be missed.
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Property Details for 112 Tyler St, Preston

112 Tyler St, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 619m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
619m2
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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 77 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 939 properties were sold in the past 12 months in Preston.

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Keb Nguyen
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Massimo Barbanera
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Ray White Reservoir
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