1/56 Newcastle Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/56 Newcastle Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 234m2
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Property Details for 1/56 Newcastle St, Preston

1/56 Newcastle St, Preston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 234m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
Unit
Year Built
2013
Floor Size
126m2
Land Size
234m2
Local Government
Darebin
Lot/Plan
1/PS712827

Last Listing description (October 2012)

BRAND-NEW LIFESTYLE IN A PRIME PRESTON LOCATION!
WHAT A FANTASTIC OPPORTUNITY FOR HOME-BUYERS AND INVESTORS ALIKE! IN A SOUGHT-AFTER LOCATION SOUTH OF BELL STREET, THESE STUNNING NEW TOWNHOUSES WILL EACH OFFER A FIRST-CLASS LIVING EXPERIENCE WITHIN EASY REACH OF EVERYTHING PRESTON/THORNBURY HAS TO OFFER. EACH HOME OFFERS A UNIQUE FLOORPLAN WHILST BEING FITTED OUT WITH THE SAME HIGH-QUALITY FIXTURES AND APPLIANCES. SHARED FEATURES WILL INCLUDE 2-PAC KITCHEN CABINETS, STONE BENCHTOPS/VANITIES, SEMI-FRAMELESS SHOWERS, QUALITY CARPETS AND TIMBER FLOORS, PLUS ROBES IN ALL BEDROOMS, AND A PRIVATE COURTYARD. OPEN-PLAN DESIGNS INCLUDE (1) 3 BEDROOMS/3 BATHROOMS/STUDY + GARAGE, (2) 2 BEDROOMS/2 BATHROOMS + CARPORT, (3) 2 BEDROOMS/2 BATHROOMS + GARAGE). CONVENIENTLY POSITIONED, WALKING DISTANCE TO PRESTON SOUTH PRIMARY SCHOOL AND LOCAL PARKS, CLOSE TO PLENTY ROAD TRAMS, HIGH STREET CAFES AND SHOPPING PRECINCT - PLUS THE ADVANTAGE OF GENEROUS STAMP DUTY SAVINGS! AGENT: NELSON ALEXANDER PTY LTD

Property History for 1/56 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$630,000
25 Jun 2013
Listed for Rent
$520/w
15 Jun 2013
  • 25 Jun 2013
    Sold for $630,000
  • 11 May 2013
    Listed for Rent $520 / week
  • 28 Jan 2013
    Listed for Sale FROM $550,000
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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.