2-6 Isaacs StreetPreston VIC 3072
Property Details for 2-6 Isaacs St, Preston
Last Listing description (June 2020)
Ray White Commercial - Preston have great pleasure in offering this versatile well-located, potential development site (STCA) for Private Sale.
Take advantage of the continued strong demand for near city properties in this robust growth area. Prestons' residential market continues to perform well and the City of Darebin has implemented strategies to bolster growth and demand.
The Opportunity
- Total land area of 1,412sqm*
- Corner position with 80 metres* of street frontage
- Potential for a mixed-use residential development with ground floor commercial space (STCA)
- Priority Development Schedule 2 Zone
The Location
- Central Preston location
- Bell train station 80 metres*
- Bell Street 50 metres*
- St Georges Road 150 metres*
- High Street 400 metres*
- Preston Market 900 metres*
The multicultural suburb of Preston is situated some 9kms* from the Melbourne CBD and has a lively mix of new and long term residents buying produce at Preston Market and soaking up the arts, cafes and multicultural vibes.
From the shopping hubs of the highly regarded and well-known Preston Market and Northland Shopping Centre, to delicious food wonders and cafes on High Street to watching a performance at the Darebin Arts Centre or a footy match on Preston Oval, Preston offers something for everyone.
For further details and a copy of the Information Memorandum, please contact Ray White Commercial - Preston
*Approx.
Property History for 2-6 Isaacs St, Preston, VIC 3072
- 09 Apr 2020Sold for $3,816,648
- 22 Nov 2019Listed for Sale Contact Agent
- 07 May 2010Sold for $3,525,454
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 21,619 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
- The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
- Houses have a median rent of $695 while Units have a median rent of $550.
Suburb Insights for Preston 3072
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