1/1 Martin Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/1 Martin Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 234m2
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Property Details for 1/1 Martin St, Preston

1/1 Martin St, Preston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2009. The property has a land size of 234m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Townhouse
Year Built
2009
Floor Size
127m2
Land Size
234m2
Local Government
Darebin
Lot/Plan
1/PS626171

Last Listing description (April 2023)

What's going to sell this modern 3-bedroom townhouse (built in 2010) isn't just its high build quality and features such as the BIR in each bedroom, 2 ensuite/bathrooms, double garage with remote, spacious open plan living/kitchen, laundry, and private front courtyard. Nor is it the year-round comfort and efficient evaporative cooling, gas ducted heating, and split system air conditioning in the living room. What really sets this property apart is its quiet and safe neighbourhood with no through traffic, low maintenance veggie garden, beautiful wood-grained aluminium fence that never needs to be washed/oiled and ultra-low cost living with no body corporate fees, 6kw solar system as well as a water tank that flushes your toilet!

The property is also conveniently located just a stone's throw away from all public transport (trams, buses, and trains). Within a short walk, you can reach the bustling High Street shopping/cafe/restaurant district, Preston Market, and local primary and high schools. For those who love to shop, Northland Shopping Centre, Bunnings, and various Homemaker Centres are just a 5-minute drive away.


This townhouse is ideal for working professionals, young families or retirees looking for the perfect blend of low maintenance, convenience, and comfortable living in a great location. So if this appeals to you, seize this rare opportunity in the current low-stock real estate market.

Property History for 1/1 Martin St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$982,000
15 Apr 2023
Listed for Rent
$560/w
14 Dec 2015
  • 15 Apr 2023
    Sold for $982,000
  • 22 Mar 2023
    Listed for Sale $890,000 - $950,000
  • 12 Nov 2015
    Listed for Rent - Price not available
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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 21,619 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:

  • The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 72 properties listed for sale, and 48 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 942 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.