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

1/5 Watson Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 175m2
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Last updated 22 Dec 2025
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Property Details for 1/5 Watson St, Preston

1/5 Watson St, Preston is a 3 bedroom, 1 bathroom Townhouse. The property has a land size of 175m2. While the property is not currently for sale or for rent, it was last transferred in March 2022.

Building Type
Townhouse
Land Size
175m2
Local Government
Darebin
Lot/Plan
1/PS843400

Last Listing description (December 2022)

Conveniently located off Bell Street, this BRAND NEW townhouse will impress you in every way. Only a few blocks back from Plenty Road tram, a short drive to Bell Station, Preston Market and High Street eaters.

- Architecturally designed
- Three bedrooms with built in robes

- Well-appointed bathroom
- Stunning floorboards
- Stone bench tops
- Quality stainless steel appliances/dishwasher
- Ducted heating
- Alarm system
- Private paved courtyard
- Landscaped front garden with artificial lawn
- Off street parking

Register your interest online.

Rental price: $600.00 per week, $2,607.00 per calendar month
Bond: $2,607.00

For further information or to apply for this property please contact Alicena Vocale today on (03) 9401 2322, or by email alicena.v@lovere.com.au

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

A timeline of how this property has performed in the market
Last Transferred
22 Mar 2022
Listed for Rent
$600/w
08 Dec 2022
  • 21 Oct 2022
    Listed for Rent $600 / week
  • 13 Apr 2022
    Listed for Rent $575 / week
  • 22 Mar 2022
    Transferred
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 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.