2/31 Newcastle Street, Preston, VIC 3072 sold on 25 April 2026 | OnTheHouse
 
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Sold on 25 Apr 2026 for $710,000

2/31 Newcastle Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/31 Newcastle St, Preston

2/31 Newcastle St, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse

Last Listing description (April 2026)

For Sale by Expressions of Interest closing 28th April at 3:00pm.

Tucked away in a leafy, tree-lined street south of Bell Street, this well-presented townhouse delivers an ideal blend of low-maintenance living and everyday convenience. Downstairs welcomes you with a spacious entry hallway, leading through to a sleek, modern kitchen featuring stone benchtops & quality appliances including dishwasher & gas cooktop, mirrored splashback, and a breakfast bar. The adjoining open-plan living and dining zone is filled with natural light and flows seamlessly through sliding glass doors to a private, low-maintenance courtyard—perfect for entertaining. Upstairs comprises two bedrooms, one with a generous built-in robe, serviced by a central bathroom.
Additional features include a single lock-up garage, floorboards, split-system heating and cooling, and excellent under-stair storage. Ideally positioned within easy reach of local parks, public transport, popular cafes and shopping precincts, this home offers a lifestyle of comfort and connectivity in one of the area’s most desirable pockets.

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Property History for 2/31 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$710,000
25 Apr 2026
Listed for Rent
$450/w
23 Aug 2019
  • 25 Apr 2026
    Sold for $710,000
  • 09 Apr 2026
    Listed for Sale $645,000 - $695,000
  • 13 Aug 2019
    Listed for Rent - Price not available
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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 21,620 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 74 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 957 properties were sold in the past 12 months in Preston.

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