1/8 Union Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/8 Union Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 184m2
Land area: 362m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low

High
Save

Property Details for 1/8 Union St, Preston

1/8 Union St, Preston is a 3 bedroom, 2 bathroom Unit and was built in 1930. The property has a land size of 362m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1930
Floor Size
184m2
Land Size
362m2
Local Government
Darebin
Lot/Plan
1/PS826361

Last Listing description (September 2024)

Artistic Edwardian, holy Union!

A blend of classic and contemporary, this extended three bedrooms plus study, Edwardian-style gem conveys artistic flair while maintaining vintage sentiments. Enjoying an airy feel evoked by a raked ceiling and clerestory windows, the family zone flows into a dining domain and kitchen area, bathed in northern light. Bifolds open to a covered deck and picturesque backyard, perfect for entertaining. Equipped to satisfy the hungriest family, the stylish kitchen includes 900mm electric appliances, an Asko dishwasher and walk-in pantry. Featuring an ornamental fireplace, the versatile formal living could easily be utilised as a 4th bedroom or home office, if preferred, enhanced by its own external door. Boasting a characterful ensuite, the master includes a WIR, split system and outdoor retreat, while remaining bedrooms have lofty high ceilings and wardrobes. Adorned with soothing green tiling and highlighting a deep bath, walk-in rainfall shower and underfloor heating, the central family bathroom resides beside a handy powder room. New ducted heating, solar panels and off street parking, its an abode with a lot to offer. In the Preston High School zone, steps from Gilbert Road tram, cafes, and shops, this family base combines classic appeal with an artful touch in a prime location!

Property History for 1/8 Union St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,370,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $1,370,000
  • 14 Aug 2024
    Listed for Sale $1,250,000
Commute Calculator

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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 60 properties listed for sale, and 52 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.