33 Madeline Street, Preston, VIC 3072 | House for sale | OnTheHouse
 
FOR SALE
AUCTION $1,100,000 - $1,200,000

33 Madeline Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 534m2
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Auction Time
Sat 13 Jun 2:00 pm
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Classic Charm, Generous Land & Endless Potential in Prime Preston

Positioned in one of Preston's most tightly held and family-friendly pockets, 33 Madeline Street presents an exceptional opportunity to secure a charming brick residence set on an impressive 534m² (approx.) allotment. Beautifully maintained and rich in character, this much-loved home combines immediate comfort with exciting future potential to renovate, extend or further enhance over time (STCA), making it an outstanding opportunity for families, investors and future-focused buyers alike.
Beyond its attractive façade, established gardens and welcoming porch entrance, the home opens to spacious interiors filled with warmth, natural light and timeless appeal. Showcasing decorative cornices, generous proportions and a flexible floorplan throughout, the residence is perfectly suited to comfortable family living.
A spacious formal living room positioned at the front of the home provides a warm and inviting setting to relax and entertain, complete with charming original character and large windows that allow natural light to stream throughout the space. Flowing through to the kitchen and meals area, the home offers practical everyday functionality with ample storage, excellent bench space and a layout designed for easy family living.
The accommodation includes three well-proportioned bedrooms, all thoughtfully positioned and serviced by a central bathroom featuring a shower with separate bathtub, along with a separate laundry for added convenience. At the rear of the home, a substantial sunroom/rumpus creates an impressive second living zone that can easily adapt to suit a variety of lifestyle needs, whether as a family retreat, games room, entertaining area or dedicated work-from-home space.
Stepping outside, the covered patio overlooks a spacious backyard offering plenty of room for children, pets and future outdoor enhancements. Adding even further versatility is the separate bungalow positioned at the rear of the property, ideal as a studio, guest accommodation, teenage retreat, creative workspace or home office. A lock-up garage along with additional off-street parking further enhances the practicality and functionality of the home.
The location is simply outstanding. Positioned within close proximity to Plenty Road trams, Bell and Preston train stations, local bus services and major arterial roads, commuting to the CBD and surrounding suburbs is effortless. Enjoy easy access to Northland Shopping Centre, Preston Market, High Street's vibrant café and dining precinct, local supermarkets, parklands and recreational facilities, all contributing to an enviable lifestyle of convenience and connectivity. Families will also appreciate the access to quality local primary and secondary schools along with sought-after school zones nearby.
Offering character, flexibility, generous land size and exciting future potential in one of Preston's most desirable lifestyle pockets, 33 Madeline Street is a rare opportunity to secure a home that can be enjoyed today while offering exceptional possibilities for tomorrow.
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Property Details for 33 Madeline St, Preston

33 Madeline St, Preston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 534m2. The place is currently for sale with Ray White Preston.

Building Type
House
Land Size
534m2
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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 21,605 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 72 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 944 properties were sold in the past 12 months in Preston.

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Ian Dempsey
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Ethan Maratheftis
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Ray White Preston
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