1 Townhall Avenue, Preston, VIC 3072 sold on 04 June 2026 | OnTheHouse
SOLD
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Sold on 04 Jun 2026 for $900,000

1 Townhall Avenue
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 411m2
Sold By
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Nelson Alexander - Preston
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Property Details for 1 Townhall Ave, Preston

1 Townhall Ave, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 411m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Floor Size
109m2
Land Size
411m2
Local Government
Darebin
Lot/Plan
28/LP5641

Last Listing description (June 2026)

Footsteps from the tram on Plenty Road, a local convenience store, kinder and childcare, and with all the shopping and culinary offerings of High Street, the iconic Preston Market, and Preston Station within a short walk, this perfectly positioned, character-filled home presents a rare opportunity to secure an original classic, ready for a total transformation. Brimming with possibility, retained period character, including a return veranda, high ceilings, decorative fretwork, leadlight-style glazing, ornate cornices, deep skirting boards and striking fireplaces, enhances a blank canvas for those looking to renovate or completely reconfigure (STCA). Valuable rear laneway access, a highly sought-after feature, opens the door to a creative redesign and future value-adding enhancement. In a location defined by convenience and growth, this is an exceptional opportunity to capitalise on both position and potential in a dynamic precinct.

Property History for 1 Townhall Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$900,000
04 Jun 2026
Listed for Rent
$325/w
29 Mar 2017
  • 04 Jun 2026
    Sold for $900,000
  • 27 May 2026
    Listed for Sale Under Offer
  • 29 Mar 2017
    Listed for Rent $325 / week
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,604 properties. Over the last 5 years, Houses in Preston have seen a 1.25% increase in median value, while Units have seen a 9.04% increase. As at 31 May 2026:

  • The median value for Houses in Preston is $1,197,462 while the median value for Units is $641,823.
  • Houses have a median rent of $700 while Units have a median rent of $570.
There are currently 77 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 934 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.