2/16 Nichol Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/16 Nichol Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 170m2
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Property Details for 2/16 Nichol St, Preston

2/16 Nichol St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 170m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1930
Floor Size
70m2
Land Size
170m2
Local Government
Darebin
Lot/Plan
2/PS702112

Last Listing description (June 2022)

Full of good vibes from the very first step through the front gate, be prepared to immediately fall in love with this striking, single storey, two- bedroom home. Perfectly tucked away, this timeless and contemporary home, offers a fabulous low maintenance lifestyle for owner-occupiers, downsizers or investors. The sunny courtyard and deck provide a warm entry into the open plan kitchen, meals and living featuring a clerestory ceiling taking full advantage of the stunning northern aspect. The quality kitchen with stainless steel appliances includes exceptional storage and a large island bench looking back over the dining and living area with an adjacent sitting or study/home office bathed in northern light. Two large bedrooms, main with walk in robe and the second with built in robes and access to a small courtyard, share the large, contemporary bathroom with a huge walk in shower. There is also split system heating/cooling, double glazing throughout, quality blinds, gas OFP, flyscreens plus, garage and storage with remote and internal entry. In a location where access to shops, cafes, schools, trams and parks are just a short walk and moments to Plenty Road, High Street, Preston Market and trains. Nelson Alexander Pty Ltd.

Property History for 2/16 Nichol St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$856,000
25 Jun 2022
  • 25 Jun 2022
    Sold for $856,000
  • 01 Jun 2022
    Listed for Sale Auction $720,000 - $780,000
  • 23 Apr 2020
    Transferred
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,614 properties. Over the last 5 years, Houses in Preston have seen a 2.00% increase in median value, while Units have seen a 7.96% increase. As at 30 June 2026:

  • The median value for Houses in Preston is $1,201,443 while the median value for Units is $647,230.
  • Houses have a median rent of $700 while Units have a median rent of $575.
There are currently 71 properties listed for sale, and 44 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 907 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
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.