1/55 Newcastle StreetPreston VIC 3072
Property Details for 1/55 Newcastle St, Preston
1/55 Newcastle St, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 263m2 and floor size of 1m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2018)
South of Bell Street in one of Preston's most sought-after pockets, this freestanding home on its own separately-titled block is sure to impress with its sizeable floorplan and quality inclusions throughout. Perfect first home, blue-chip investment or affordable downsize option, the home's light and bright interior comprises three bedrooms (two with BIRs), central bathroom and separate WC, open-design living/dining area and adjoining kitchen complete with dishwasher. Other features include ducted heating and split-system a/c, LED lighting, full-size laundry, plus a north-facing courtyard, lock-up garage and additional driveway parking space. Walking distance to local parks, Bell railway station, Plenty Rd trams, and Victoria St buses as well as easy access to Preston South Shopping Centre, High Street cafes and Preston Market.
Property History for 1/55 Newcastle St, Preston, VIC 3072
- 11 Jul 2023Sold for $1,200,000
- 15 Sep 2018Sold for $750,000
- 22 Aug 2018Listed for Sale Auction 15/09/18
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 21,610 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.
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