1/5 Blanch Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Blanch Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 1222m2
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Property Details for 1/5 Blanch St, Preston

1/5 Blanch St, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1222m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
2017
Floor Size
96m2
Land Size
1222m2
Local Government
Darebin
Lot/Plan
G01/PS732089

Last Listing description (September 2025)

Welcome to 108/5 Blanch Street, Preston Where Lifestyle Meets Location!

Located in one of Melbourne's most vibrant and rapidly growing suburbs, this modern two-bedroom, two-bathroom apartment is a smart choice for first-home buyers, down sizers, or investors seeking a low-maintenance property with strong growth potential.

Positioned in a secure, well-maintained complex, the home offers a practical open-plan layout with generous living and dining areas. Both bedrooms feature built-in robes, while the master enjoys its own ensuite. The sleek kitchen comes complete with stainless steel appliances and a dishwasher. A private balcony, split system heating/cooling, secure parking, and a storage cage round out the offering.

Property Features:

* Two spacious bedrooms with built-in robes
* Two bathrooms, including master ensuite
* Secure single car space plus storage cage
* Modern kitchen with stainless steel appliances & dishwasher
* Open-plan living and dining
* Private balcony
* Split system heating & cooling
* Secure intercom entry

Prime Location Highlights:

Enjoy walkable access to Preston's best transport, shopping, and lifestyle amenities.

Transport & Connectivity:

* Preston Station-1 min walk
* Bell Station-1 min walk
* Tram 86 (Plenty Rd.)-2 min. walk
* Quick access to the M80 Ring Road

Shopping & Dining:

* Northland Shopping Centre
* Preston Market
* High Street cafes, bars & restaurants

Education & Institutions:

* Preston High School
* Melbourne Polytechnic
* Reservoir East Primary School
* Nio Early Learning Adventures Preston
* St John's College, Preston

Parks & Outdoor Living:

* Darebin Creek Trail
* TW Blake Park
* Preston City Oval

With unbeatable convenience, modern comfort, and strong rental appeal, this apartment is the perfect blend of lifestyle and investment. Don't miss your chance to secure a quality home in a sought-after inner-north location.

Note: While all information is provided in good faith, buyers should undertake their own inquiries. For more, visit:

consumer.vic.gov.au/due-diligence.

Property History for 1/5 Blanch St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$600,000
28 Jul 2016
Listed for Rent
$600/w
02 May 2025
  • 03 Jun 2025
    Listed for Sale Taking Offers Now!
  • 16 Apr 2025
    Listed for Rent $600 / week
  • 26 Aug 2022
    Listed for Rent $525 / 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 21,610 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 57 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 961 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.