122 Tyler Street, Preston, VIC 3072 | House for sale | OnTheHouse
FOR SALE
UNDER OFFER

122 Tyler Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 517m2
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Charming Family Home with Endless Potential in Prime Preston Location

Perfectly positioned in the heart of Preston, this delightful brick residence presents an exceptional opportunity for families & investors alike. Blending classic charm with incredible scope for future improvement, the property offers comfort today with the promise of exciting possibilities tomorrow.
Set on a generous 517m² allotment approx.The home boasts wide street frontage and a neatly presented façade, complemented by established low-maintenance gardens. Inside, you'll find a practical and welcoming layout featuring three well-proportioned bedrooms, a central bathroom, and spacious living areas flooded with natural light. The kitchen and meals zone provides ample room for family dining, while the rear yard offers plenty of space for entertaining, gardening, or further extension (STCA). Secure off-street parking for multiple cars adds to the everyday convenience.
Beyond the home itself, the location is second to none. Situated within easy reach of Northland and Summerhill shopping centres, an array of vibrant cafes and eateries, and excellent local schools, everything you need is right at your fingertips. Public transport options are abundant with bus, tram, and Preston train station nearby, ensuring a smooth connection to the CBD and surrounding suburbs.
Whether you're searching for a move-in-ready home, an investment with strong rental returns, or a canvas for your dream renovation, 122 Tyler Street delivers on all fronts. With property values in Preston continuing to rise and demand showing no sign of slowing, this is an address that will reward you well into the future.
Key highlights:
-Solid and well-maintained brick residence with timeless appeal.
-Spacious living zones and three comfortable bedrooms.
-Expansive 517m² block approx. with outstanding potential to extend or enhance (STCA).
-Secure off-street parking
-Surrounded by shopping, dining, schools, and transport links.
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Property Details for 122 Tyler St, Preston

122 Tyler St, Preston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 517m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
517m2
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of 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 21,603 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 80 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 909 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Alastair Surtees
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Lucas Mitsinikos
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Ray White 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.