172 Albert Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

172 Albert Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 639m2
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Property Details for 172 Albert St, Preston

172 Albert St, Preston is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 639m2.

Building Type
House
Land Size
639m2
Local Government
Darebin
Lot/Plan
2/SP37368

Last Listing description (January 2025)

A captivating piece of Victorian architecture (c. 1886) and a significant link to the history of Preston, Howard Park is now on the market for the first time in over 25 years, this stately four bedroom, two bathroom family home seamlessly incorporates original grandeur with comfortable enhancements, whilst offering a flawless jump between indoor/outdoor space. Laid on a foundation of bluestone and complemented by a striking double brick faade draped in iron lacework, the property beautifully preserves soaring decorative ceilings/cornices, high skirting boards, ornate open fireplaces and timber floors throughout its interior. The light-filled lounge flows to a gourmet kitchen/meals domain well-appointed in stainless-steel ILVE cooking appliances, ASKO dishwasher, marble benchtops, standalone island and ample shaker-style cabinetry. Meanwhile, the formal dining room can be transformed into an office/study, teenagers retreat or additional accommodation if preferred. Enjoy backyard hosting as a wide L-shaped porch overlooks the relaxed entertainers area and manicured grounds encompassed by delectable fruit trees and verdant garden beds. There is also carport off-street-parking, workshop with kitchen facilities, utility shed and outhouse (third) toilet. Back inside, sizeable bedrooms (three with built-in-robes) accompany the immaculate bathroom boasting shower over clawfoot tub. With the master chamber featuring a private ensuite, this room accompanied with the adjacent bedroom can be sectioned off from the remainder of the home, perfect for a home business (STCA) with its own grand entrance and entrance hall. Further inclusions comprise ducted heating, split system unit, full-size laundry to outside, two rainwater tanks and a concealed in floor wine cellar. Enviably opposite W Ruthven Vc Reserve, with buses at the doorstep and only 12km approx. to our iconic city centre. Just moments to popular schools, Northlands vibrant shopping hub and the lush environs of the Darebin Creek Trail. In close proximity to renowned Preston Market/Station and quick access to La Trobe University. Providing a hotspot address that matches a magnificent aesthetic, it does not get much better than this.

Property History for 172 Albert St, Preston, VIC 3072

A timeline of how this property has performed in the market
  • 14 Aug 2024
    Listed for Sale $1,400,000 - $1,540,000
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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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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.