17 Austral Ave, Preston is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 498m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
In need of renovation and south of Bell Street in one of Preston's most revered pockets, this distinctive home provides a myriad of options for those looking to fully renovate and extend or possibly start anew (STCA). Readily adaptable, this two-bedroom, one-bathroom home provides the potential for any number of home scenarios.
The property sits in a prime location within a short walk to many shops, cafes, bars, and restaurants, plus multiple public transport options, including bus routes, trams along St Georges Rd, and nearby Thornbury and Bell railway stations. The existing property boasts natural light gracing a living area. The spacious open plan kitchen-living area also offers limitless potential. The two bedrooms offer ample space, and storage potential.
At the property's rear, the discreet laundry and separate WC offer additional renovation options. The property sits on a sizeable allotment, 497SQM Approx with a garden shed at its rear and ROW access. Both front and rear gardens offer scope for comfortable outdoor areas perfectly suited to entertaining or just relaxing. This is a home perfectly positioned for the ultimate location for city-adjacent living on this highly sought-after street.
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 21,601 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
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