18 Willow Street, Preston, VIC 3072 | House for sale | OnTheHouse
 
FOR SALE
FORTHCOMING AUCTION $840,000 - $920,000

18 Willow Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 423m2
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Prized Location with Great Potential

Positioned proudly on the high side of the street in one of Preston's most peaceful and tightly held pockets, 18 Willow Street presents an exceptional opportunity to secure a property brimming with future potential.
Set on a generous allotment and surrounded by quality homes, this is the perfect canvas for those looking to renovate, extend, or create their dream residence with a brand-new luxury home or redevelopment (STCA). Whether you're an investor, builder, or family seeking to capitalise on a premium location, the possibilities are endless.
Enjoy a lifestyle of unmatched convenience with the picturesque Merri Creek Trail just moments away, offering endless walking and cycling paths through beautiful natural surrounds. Families will appreciate the close proximity to sought-after schools including Coburg High School and Bell Primary School, while nearby public transport, shopping precincts, cafés, and parklands complete this highly desirable lifestyle address.
Offering location, lifestyle and limitless potential, this is a rare opportunity to secure a blue-chip parcel in one of Preston's most sought-after neighbourhoods.
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Property Details for 18 Willow St, Preston

18 Willow St, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 423m2. The place is currently for sale with Ray White Mount Waverley.

Building Type
House
Land Size
423m2
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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 21,606 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 78 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 937 properties were sold in the past 12 months in Preston.

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Nicholas Richards
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Jay Liu
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Ray White Mount Waverley
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