2/9 Belgrove Street, Preston, VIC 3072 sold on 22 January 2026 | OnTheHouse
 
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Sold on 22 Jan 2026 - Price Unavailable

2/9 Belgrove Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 226m2
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Property Details for 2/9 Belgrove St, Preston

2/9 Belgrove St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 226m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Land Size
226m2

Last Listing description (January 2026)

Positioned in a tightly held and highly sought-after pocket of Preston, 2/9 Belgrove Street presents a compelling opportunity for developers, builders, and astute investors seeking a well-located site with strong future potential. Set on a generous allotment, the property offers scope to redevelop, rebuild, or further enhance (subject to council approval), making it an ideal candidate for those looking to capitalise on a premium inner-north location.

The existing dwelling is currently liveable and offers basic accommodation, providing the option to hold or potentially lease while planning future works. However, the true value lies in the land and its potential, with the site's proportions and position lending themselves to a range of possible outcomes (STCA).

The location is a standout for future development success. Situated close to Plenty Road trams, Preston Market, High Street cafés and restaurants, local schools, and parklands, the property enjoys exceptional lifestyle appeal. Northland Shopping Centre, La Trobe University, and major arterial roads are also within easy reach, ensuring strong end-user demand and long-term growth fundamentals.

Offering a rare combination of development upside, flexibility, and a premium Preston address, this is an outstanding opportunity for those seeking to secure a site with genuine potential in one of the inner north's most in-demand pockets.

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Property History for 2/9 Belgrove St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
22 Jan 2026
  • 22 Jan 2026
    Sold for $444,000
  • 13 Jan 2026
    Listed for Sale Under Offer
  • 07 Apr 2003
    Sold for $150,000
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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 21,601 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 54 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 944 properties were sold in the past 12 months in Preston.

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