47 Sheila Street, Preston, VIC 3072 | House for sale | OnTheHouse
 
FOR SALE
SALE $1,050,000 - $1,100,000

47 Sheila Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 523m2
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The Space You Need, The Lifestyle You'll Love

Welcome to 47 Sheila Street, Preston, a beautifully designed family home that perfectly balances space, functionality, and versatile living. Set on an impressive allotment of approximately 523sqm, this multi-level residence offers four generous bedrooms and multiple living zones spread across a thoughtfully conceived floor plan. The ground floor presents an inviting entry that flows seamlessly through to a spacious living room, separate dining area, and well-appointed kitchen with adjacent meals area, ideal for everyday family life and entertaining alike. Two comfortable bedrooms and two well-appointed bathrooms complete this level, while upstairs reveals a private first-floor bedroom retreat.
The property's standout feature is the enormous bedroom/retreat, offering flexible accommodation options perfect for teenagers, guests, or a luxurious master suite.
Outdoor living is equally impressive with alfresco and deck areas providing wonderful spaces for relaxation and entertaining throughout the seasons. The generous land size offers excellent potential for those seeking space or future enhancement opportunities. Whether you're a growing family seeking room to spread out, this property presents genuine opportunity in a tightly held pocket.
Perfectly positioned close to Northland Shopping Centre for retail and dining, with being zoned for Preston North East Primary School and Reservoir High School. Local parks and playgrounds are within walking distance. Public transport is easily accessible via nearby bus routes, while Preston Market and a variety of lifestyle amenities are only a short drive away.
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Property Details for 47 Sheila St, Preston

47 Sheila St, Preston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 523m2. The place is currently for sale with Ray White Preston.

Building Type
House
Land Size
523m2
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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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 21.98% increase in median value, while Units have seen a 9.13% increase. As at 31 October 2025:

  • The median value for Houses in Preston is $1,229,206 while the median value for Units is $620,615.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 82 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 910 properties were sold in the past 12 months in Preston.

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Chris Michael
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Grace Scardamaglia
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Ray White Preston
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