106/54 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

106/54 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 2780m2
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Property Details for 106/54 High St, Preston

106/54 High St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 2780m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2010
Floor Size
60m2
Land Size
2780m2
Local Government
Darebin
Lot/Plan
H106/PS536256

Last Listing description (March 2019)

Situated on the ground floor of Highview,' this property clearly stands out from the rest with its oversized 16sqm courtyard opening up to the central atrium of the building. A superb investment opportunity, this property offers a Guaranteed Rent of $380 p.w for up to five years, which is an annual return of 4.94%.Comprising a spacious open plan lounge and dining area that flows to an outdoor entertaining area, the apartment offers ample room to entertain. Featuring two generously sized carpeted bedrooms with built-in wardrobes, the home also boasts a contemporary kitchen with stainless steel gas appliances and stone bench tops, while a stylish bathroom is complemented by a separate laundry. The apartment also includes an inbuilt desk and study area positioned within living room, heating and air conditioning, and a dedicated car space plus storage cage. The building features a security entrance, with a convenience store located on the ground floor. Situated just minutes from High Street cafes, Bell Station, two tram routes and Melbourne Polytechnic, this apartment would make an ideal first home or investment, as the future growth - with the oversized outdoor area on title - presents a supremely attractive offer.
The Facts
External: 16sqm

Internal Size: 46sqm
Total Size: 62sqm
Currently Leased: Yes
Council Rates: $1040
Water Rates: $717.74
Body Corp: $3,050.48
Year Built: 2009

Property History for 106/54 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$372,500
01 Jun 2023
  • 01 Jun 2023
    Sold for $372,500
  • 14 Nov 2018
    Listed for Sale For Sale $390,000-$429,000
  • 26 Sep 2007
    Sold for $335,000
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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 21,593 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 61 properties listed for sale, and 36 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

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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.