11 Chifley Drive, Preston, VIC 3072 sold on 17 April 2025 | OnTheHouse
 
SOLD
Sold on 17 Apr 2025 for $1,750,000

11 Chifley Drive
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 583m2
Improve this data
Share
Save

Property Details for 11 Chifley Dr, Preston

Building Type
Commercial
Land Size
583m2
Local Government
Darebin
Lot/Plan
CP151207

Last Listing description (June 2017)

> Valuable Industrial landholding of 1,120 sqm approx.
> Two expansive frontages:
Chifley Drive: 29 metres approx.

Beaufort Street: 38 metres approx.
> Combined frontage: 67 metres approx.
> Unrivalled exposure
> Unique opportunity to occupy or redevelop (STPA)
> Suit new commercial headquarters or new boutique industrial unit development (STPA)
> Zoned: Industrial 3
> Vacant possession
> Attractive 6-month settlement
The property is ideally located on the south-western corner of Chifley Drive and Beaufort Street.
It is strategically positioned in one of Melbourne's most prized Industrial precincts.
The property is in proximity to major arterials including Dundas Street, Bell Street, Albert Street and the Eastern Freeway.

Show More

Property History for 11 Chifley Dr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,750,000
17 Apr 2025
  • 17 Apr 2025
    Sold for $1,750,000
  • 22 Mar 2021
    Sold for $750,000
  • 01 May 2017
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

Preston Profile Page

Suburb Insights for Preston 3072

Visit Preston profile page
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
Visit Preston profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED