117 Raglan StreetPreston VIC 3072
Property Details for 117 Raglan St, Preston
117 Raglan St, Preston is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 625m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (December 2024)
Nestled in the coveted heart of Preston, sits a property brimming with promise and potential. Boasting a prime corner site location greatly desired by developers and homeowners alike, this parcel of land offers a rare opportunity for astute investors. With town-planning permit plans already in place for the construction of two luxurious townhomes, the groundwork is set for a visionary to capitalise on the burgeoning demand for contemporary urban living in this vibrant suburb. Discover the gateway to a prosperous future in Preston, where innovation meets opportunity in every square meter of this strategically positioned property.
Land Size: 625m2
Planning Zone :
Planning Overlay :
-DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1
Advantages:
-Plans and permits for two townhouses
-Corner block
Property History for 117 Raglan St, Preston, VIC 3072
- 24 Sep 2024Sold for $1,085,000
- 31 Jul 2024Listed for Sale AUCTION $990,000 - $1,089,000.00
- 25 Jan 2023Listed for Rent - Price not available
Recent sales nearby
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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.
Suburb Insights for Preston 3072
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