1/16 Mcdonald StreetPreston VIC 3072
Property Details for 1/16 Mcdonald St, Preston
1/16 Mcdonald St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 174m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2022)
An ideal opportunity that provides a fantastic first home buyer experience or promises an exceptional investment performance, this ideally situated 2 bedroom unit represents astute single level buying.
Original, well maintained spaces start with a generous central living room that's complemented by a separate dining area and an adjoining kitchen while the character of the accommodation reflects the enduring success of the design.
A bathroom and a separate laundry completes indoor proportions enhanced by courtyard privacy and garage convenience.
Gilbert Road, Zwar Park, Preston station and High Street lead the location's long list of lifestyle advantages. Further enhanced by its own street frontage and independent profile, one to snap up!
Property History for 1/16 Mcdonald St, Preston, VIC 3072
- 19 Feb 2022Sold for $755,000
- 21 Jan 2022Listed for Sale $710,000 - $740,000
- 18 Apr 2015Sold for $485,000
Recent sales nearby
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0About 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.
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