37 Leicester Street, Preston, VIC 3072 | House for sale | OnTheHouse
 
FOR SALE
AUCTION $1,250,000 - $1,300,000View Property Price Statement

37 Leicester Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 67m2
Land area: 474m2
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Auction Time
Sat 7 Nov 1:00 pm
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No upcoming inspections scheduled.
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Meticulously Maintained For with Rare Rear Laneway Access & Future Potential

Positioned in a highly sought after pocket of Preston, 37 Leicester Street is a neat and meticulously cared for three bedroom family home offering comfortable living, excellent functionality and the increasingly rare advantage of rear laneway access.
For those with an eye to the future, the property also offers an appealing development opportunity, with its generous landholding and rear access providing an excellent foundation to explore redevelopment or further enhancement, (STCA). Buyers can enjoy the existing home while considering the possibilities the site may offer over time.
Inside, the home features three spacious bedrooms, a practical kitchen and adjoining dining area, bathroom, separate laundry and excellent storage. Complemented by security roller shutters, an alarm system and abundant storage options, the home has been carefully maintained throughout and provides a comfortable, functional layout perfectly suited to families, first home buyers and those looking to secure a property in one of Preston's most tightly held pockets.
At the rear, additional storage provides plenty of room for tools, bikes, hobbies and household belongings, while the genuine rear laneway access adds an exceptional level of convenience and flexibility rarely found in such an established residential setting. Whether utilised for easy rear access, storage, vehicle access or future improvements, it is a significant practical advantage.
The location is truly exceptional. Bell Station and the No. 11 Gilbert Road tram are both within easy walking distance, providing convenient access to the CBD and surrounding suburbs. Families will appreciate the proximity to Preston West Primary School, while the property is also within the Preston High School zone.
Preston Market is walking distance, along with an outstanding selection of local cafes, restaurants, shops and everyday amenities. With parks, schools, public transport and the vibrant Preston shopping and dining precinct all within easy reach, the location delivers an enviable lifestyle with everything you need right at your doorstep.
Key Features:
• Three spacious bedrooms
• Heating and evaporative cooling
• Security alarm system
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Property Details for 37 Leicester St, Preston

37 Leicester St, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 474m2 and floor size of 67m2. The place is currently for sale with Ray White Preston.

Building Type
House
Floor Size
67m2
Land Size
474m2
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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 21,890 properties. Over the last 5 years, Houses in Preston have seen a -5.51% decrease in median value, while Units have seen a 4.03% increase. As at 31 August 2026:

  • The median value for Houses in Preston is $1,149,338 while the median value for Units is $635,800.
  • Houses have a median rent of $700 while Units have a median rent of $590.
There are currently 74 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 835 properties were sold in the past 12 months in Preston.

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Ian Dempsey
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Anthony Pasinetti
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Ray White Preston
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