113 Dundas Street, Preston, VIC 3072 | House for sale | OnTheHouse
 
FOR SALE
$1,200,000 - $1,250,000

113 Dundas Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 450m2
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"Endless Possibilities – Live, Work & Invest"

**SALE BY SET DATE CLOSING MONDAY 13TH JULY AT 5:00PM (UNLESS SOLD PRIOR)**
Positioned on the coveted Thornbury border, directly opposite Thornbury and only moments from its renowned café, dining and lifestyle precincts, this unique property delivers the perfect combination of character, flexibility and future potential.
Set on a prominent corner allotment of approximately 450sqm, this charming three-bedroom period home offers a rare opportunity to enjoy comfortable family living while benefiting from the versatility of an adjoining shopfront/studio space. Whether you're operating a business from home, creating a professional workspace, leasing the commercial component for additional income, or simply enjoying the extra room, the possibilities are endless, including medical, restaurant and café.
In a market where flexibility has never been more valuable, the property presents an outstanding opportunity to live, work and generate supplementary income from the one address. Equally appealing to investors and developers, the site offers substantial future redevelopment potential (STCA), with scope to capitalise on its corner position and explore a multi-level development outcome.
The home retains its timeless character with original timber flooring and charming period features throughout, while modern enhancements include heating and cooling, solar power, a lock-up garage and additional offstreet parking.
Property Highlights
• Coveted Thornbury-border location – directly opposite Thornbury
• Character-filled three-bedroom period residence
• Versatile shopfront/studio/home office with income potential
• Ideal live-work opportunity
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Property Details for 113 Dundas St, Preston

113 Dundas St, Preston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 450m2. The place is currently for sale with Barry Plant - Reservoir.

Building Type
House
Land Size
450m2
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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 21,607 properties. Over the last 5 years, Houses in Preston have seen a 2.00% increase in median value, while Units have seen a 7.96% increase. As at 30 June 2026:

  • The median value for Houses in Preston is $1,201,443 while the median value for Units is $647,230.
  • Houses have a median rent of $700 while Units have a median rent of $575.
There are currently 74 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 915 properties were sold in the past 12 months in Preston.

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Harry Kontossis
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Barry Plant - Reservoir
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