1/20 Cooper StreetPreston VIC 3072
Property Details for 1/20 Cooper St, Preston
1/20 Cooper St, Preston is a 2 bedroom, 12 bathroom Unit with 12 parking spaces and was built in 1970. The property has a land size of 1283m2 and floor size of 78m2.
Last Listing description (May 2026)
An investor's dream, this collection of apartments will take pride of place in any property portfolio, with their excellent rental returns and sub-division potential (STCA). Under the one title, this block of 12 apartments allows scope for improvement, each offering similar layouts revealing two spacious bedrooms serviced by a central bathroom/laundry plus great open plan kitchen, meals and living zone. Theres also the added benefit of each having their own access to off-street parking. Positioned in a blue-ribbon locale, within close proximity to the Preston Market, High Street shopping/dining, public transportation; Preston Train Station, parklands and numerous amenities. Total land size is 1,283sqm (approx.). Lease returns of approximately $260,000 per annum.- Rare opportunity to purchase 12 apartments under the one title.- Excellent land bank prospect, with scope to improve, subdivide to sell off individually or continue to keep as a rental investment. (STCA)- Blue ribbon location central to local shopping, schools, transport and parklands.
Property History for 1/20 Cooper St, Preston, VIC 3072
- 28 Apr 2026Listed for Sale $4,800,000
- 01 Feb 2022Listed for Rent $295 / week
- 20 Apr 2016Listed for Rent $270 / week
Recent sales nearby
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0About Preston 3072
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,605 properties. Over the last 5 years, Houses in Preston have seen a 1.25% increase in median value, while Units have seen a 9.04% increase. As at 31 May 2026:
- The median value for Houses in Preston is $1,197,462 while the median value for Units is $641,823.
- Houses have a median rent of $700 while Units have a median rent of $570.
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