1 Mitchell Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1 Mitchell Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 520m2
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Property Details for 1 Mitchell St, Preston

1 Mitchell St, Preston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 520m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Land Size
520m2
Local Government
Darebin
Lot/Plan
34/LP10946

Last Listing description (March 2021)

Capitalise on the record-low interest rates and secure your place in one of Preston's best lifestyle precincts with this potential-packed three-bedroom Californian Bungalow.

Sited on a generously proportioned 536sqm (approx.) block on the Thornbury fringe, you have the option of wiping the slate clean and starting a fresh chapter in the brand new home of your dreams (STCA) in a first-class lifestyle location, where trendy eateries, the No.11 tram, Bell Primary School, H Swain Reserve and the Merri Creek Trail are footsteps away.


Enjoying an excellent sense of space, plenty of natural light and loads of potential, you'll also be inspired by the chance to make your mark inside the character-rich single-level interior, which could sparkle ever so brightly with a modern touch.

Add some polish to the timber floorboards underfoot (some of which lay hidden beneath the carpeted floors), paint the walls with a contemporary splash of colours and add a stone benchtop and stainless steel appliances to the bright and spacious kitchen and watch the home shine!

A welcoming lounge with a gas heater offers a comfortable setting to unwind, while generous-sized bedrooms, an original bathroom, split-system cooling, a large backyard and gifts of a bygone era that include beautiful leadlight windows, a large Bay window and stunning high ceilings with classic cornices and decorative plasterwork are further highlights.

As a result of the home's neat and tidy presentation, you could also choose to lease it out over the long-term for an attractive return or in the short-term while awaiting plans and permits approval.

Don't miss it!

Property History for 1 Mitchell St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,140,000
13 Mar 2021
Listed for Rent
$265/w
12 Jul 2016
  • 13 Mar 2021
    Sold for $1,140,000
  • 16 Feb 2021
    Listed for Sale ONSITE AUCTION - $990,000 - $1,080,000
  • 08 Jan 2020
    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.