2/28 Newcastle Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/28 Newcastle Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 76m2
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Last updated 20 Apr 2026
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Property Details for 2/28 Newcastle St, Preston

2/28 Newcastle St, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 76m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last transferred in July 2022.

Building Type
Townhouse
Year Built
2015
Floor Size
77m2
Land Size
76m2
Local Government
Darebin
Lot/Plan
2/PS731237

Last Listing description (December 2023)

Please REGISTER to attend an inspection. Advertised Inspection Times displayed on this page are subject to cancellation or change up until 12pm on the day of the viewing.

This delightful two bedroom townhouse is perfectly located in the highly sought after "South of Bell Street" pocket. Within minutes from the iconic Preston Market and the delights of High Street, this modern home enjoys minimum maintenance ensuring a maximum opportunity to make the most of its lifestyle appeal. The interior upstairs introduces timber floors throughout a spacious open living/meals area stretching out from the open plan kitchen which leads to an entertainers balcony. The ground floor offers two carpeted bedrooms, the master featuring a WIR and side access to north facing courtyard, spacious modern bathroom with heated towel rail and study nook. Other features include, reverse cycle heating and cooling, euro laundry, plenty of storage throughout and covered carport.

Property History for 2/28 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Transferred
02 Jul 2022
Listed for Rent
$550/w
22 Nov 2023
  • 22 Nov 2023
    Listed for Rent $550 / week
  • 02 Jul 2022
    Transferred
  • 06 May 2021
    Listed for Rent $420 / week
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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 21,621 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.
There are currently 71 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 945 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.