2A Watson StreetPreston VIC 3072
Property Details for 2a Watson St, Preston
2a Watson St, Preston is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 547m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 4 bedroom House sold in Preston in the last 12 months.
Last Listing description (July 2025)
Superbly positioned in a sought-after pocket of Preston, 2A Watson Street presents a rare and exciting opportunity for both homebuyers and developers alike. Set on approximately 547m² of prime land, this property offers exceptional potential to create a bespoke family residence or explore future development options (STCA) in one of Melbourne's most desirable inner-north suburbs.
Currently occupying the site is an original home, presenting a range of possibilities for those looking to renovate, extend, or completely rebuild to suit their vision. The generous block size provides ample room for landscaping, outdoor entertaining, or even multi-dwelling development (STCA), making this a truly versatile offering.
The location is equally impressive, with excellent access to public transport including Tram 86 (Plenty Road), Bell Train Station and Bell Street Busses 513 & 514, ensuring effortless connectivity to the CBD and surrounding suburbs. Everyday conveniences such as Preston Market, Northland Shopping Centre, local schools, and parklands are all within easy reach, while the vibrant dining, café, and retail scene along High Street further enhances the appeal of this exceptional address.
For anyone with teenagers that drive, there is plenty of space within the home and outside for their cars. Whether you're a business with a truck or if you have trailers or jetskis caravans, there is plenty of parking for all here
Whether you are a family seeking the perfect location to build your forever home or a developer looking to maximise the potential of a substantial landholding, 2A Watson Street represents a rare chance to secure a valuable slice of Preston's future. Opportunities of this calibre, in such a well-established and thriving location, are increasingly rare and highly sought after.
Property History for 2a Watson St, Preston, VIC 3072
- 16 Jul 2025Sold for $1,100,000
- 11 Apr 2025Listed for Sale Under Offer
- 29 Aug 2024Listed for Sale Private Sale $1,490,000
Recent sales nearby
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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 21,601 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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