1/2 Josephine Grove, Preston, VIC 3072 sold on 01 July 2025 | OnTheHouse
SOLD
Sold on 01 Jul 2025 for $737,000

1/2 Josephine Grove
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/2 Josephine Gr, Preston

1/2 Josephine Gr, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1960
Local Government
Darebin
Lot/Plan
1/RP8704

Last Listing description (April 2023)

Walk To Everything From This Highly Sought After Location! Water Usage And Gardening Included

Offering a sought-after lifestyle of convenience and comfort, this secure unit boasts quality finishes throughout. Located in the heart of Preston, it's only a short stroll to the Preston Market Northland Shopping Centre and the tram.

What you need to know

Accommodation:

- 3 bedrooms 2 with built in robes
- Central updated bathroom
- Carpeted bedrooms and floorboard in living area
- Open kitchen with plenty of storage space

Comforts:

- Stainless steel appliances
- Split system heating and cooling
- Water usage and gardening included

Amenities:

- Preston Market
- Northland shopping centre
- Short walk to the tram stop

*** Garage Not Included***

***Lease Must End Before 5th January 2024***

* Rent payable per calendar month: $2151

Bond: $2151

Property History for 1/2 Josephine Gr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$737,000
01 Jul 2025
  • 09 Mar 2023
    Listed for Rent $495 per week
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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 21,615 properties. Over the last 5 years, Houses in Preston have seen a 16.08% increase in median value, while Units have seen a 10.01% increase. As at 28 February 2026:

  • The median value for Houses in Preston is $1,251,239 while the median value for Units is $636,892.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 59 properties listed for sale, and 48 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 975 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.