55 Preston Street, Geelong West, VIC 3218 | Property Value & History | OnTheHouse
 
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55 Preston Street
Geelong West VIC 3218

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 423m2
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Last updated 26 Jan 2026
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Property Details for 55 Preston St, Geelong West

55 Preston St, Geelong West is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 423m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1900
Floor Size
94m2
Land Size
423m2
Local Government
Greater Geelong

Last Listing description (May 2022)

A rare opportunity to own an original historic workers cottage in Geelong West. Situated on a 445sqm (approx.) parcel of land and one of the earliest dwellings in the area. Boasting a prime position, wake up to the smell of coffee with the bustling cafe scene in Pakington street right on your doorstep.

With train access within 500 metres, The Geelong Esplanade and foreshore within 800 metres, the city centre and quality schools within close proximity, you can leave the car at home and walk anywhere you need to go. A unique lifestyle awaits allowing you to create exactly what you dream of.

The home offers three generously sized bedrooms, one with BIR and all serviced by the main bathroom with a spacious shower and separate toilet. The rear laneway gives you plenty of room to store cars, boats or caravans. With so much potential to renovate and extend to build the home of your dreams (STCA) in the perfect lifestyle location.

-Three generous bedrooms, one with built in robe
-Main bathroom with large shower and separate toilet
-Mature gardens and rear lane access for storing cars, boats and caravans
-2 parking permits available for street parking
-Endless opportunities to renovate or extend (STCA)
-Pakington Street cafes and shops right on your doorstep
-Walking distance to the train station, city centre and quality local schools
-Strong guaranteed rental return

Preliminary plans for modern renovation available on request.

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Property History for 55 Preston St, Geelong West, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$875,000
14 May 2022
Listed for Rent
$270/w
08 Jan 2009
  • 14 May 2022
    Sold for $875,000
  • 21 Apr 2022
    Listed for Sale $799,000 - $849,000
  • 07 Apr 2015
    Sold for $460,000
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About Geelong West 3218

The size of Geelong West is approximately 2.3 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Geelong West in 2016 was 6966 people. By 2021 the population was 7345 showing a population growth of 5.4% in the area during that time. The predominant age group in Geelong West is 30-39 years. Households in Geelong West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong West work in a professional occupation.In 2021, 57.50% of the homes in Geelong West were owner-occupied compared with 57.40% in 2016.

Geelong West has 4,788 properties. Over the last 5 years, Houses in Geelong West have seen a 19.41% increase in median value, while Units have seen a 24.92% increase. As at 31 December 2025:

  • The median value for Houses in Geelong West is $856,826 while the median value for Units is $532,918.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Geelong west on OnTheHouse. According to Cotality's data, 215 properties were sold in the past 12 months in Geelong west.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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