1 Ward St, Preston is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 912m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Preston in the last 12 months.
Situated in one of Preston's most exclusive and well-connected pockets, this mid-century home resting on a sizeable 914sqm (approx.) allotment delivers everlasting appeal, whilst also providing a great foundation for a stylish renovation, luxury new home or townhomes (STCA). Immediately comfortable, the traditional floor plan features an open plan kitchen, dining and family zone, connecting living room, as well as a fantastic outdoor undercover veranda area, perfect for entertaining. Accommodation includes four bedrooms (or three plus an additional study), serviced by two bathrooms. The vast rear yard offers plenty of scope and space, along with a double garage. Additional features include ducted heating, storage sheds, workshop and four additional car spaces. Alternatively, tremendous development opportunity awaits with its wide 24m frontage where you could easily construct three designer side by side dwellings capturing city views. This home also boasts a prized location, within close proximity to Nicholson St tram, Gilbert Road tram, Miller Street Village, Sydney Road shopping/dining, public transport, parklands and well regarded schools (zoned for Coburg High).
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:
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