20 Victoria StreetPreston VIC 3072
Property Details for 20 Victoria St, Preston
20 Victoria St, Preston is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 441m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom House sold in Preston in the last 12 months.
Last Listing description (August 2026)
Positioned on a highly sought-after corner allotment in one of Preston's most desirable pockets south of Bell Street, this is an outstanding opportunity to secure a premium landholding in a location that continues to experience strong buyer demand and long-term growth.
Whether you're dreaming of designing and building your forever home, creating a luxurious family residence or capitalising on the site's development potential (STCA), the possibilities here are as exciting as the location itself. With its valuable corner position offering outstanding flexibility for future plans, this is the type of opportunity that rarely becomes available in such an established inner-northern neighbourhood.
The existing residence comprises two bedrooms, a central bathroom, separate living area, functional kitchen and meals area, along with a detached study and shed. While the home remains on the site, the true appeal lies in the exceptional landholding and the exciting scope to create something truly special.
Location is undoubtedly one of this property's greatest assets. Enjoy the convenience of living just moments from Preston Market, High Street's renowned caf and dining precinct, local shopping, quality primary and secondary schools, parklands and recreational facilities. Families will also appreciate the property's zoning for the highly regarded Thornbury High School, adding further long-term appeal. Public transport is easily accessible with Bell Station and Plenty Road trams nearby, while excellent road connections provide a straightforward commute to Melbourne's CBD.
Preston continues to be one of Melbourne's most tightly held and rapidly evolving suburbs, attracting families, professionals, developers and investors alike thanks to its vibrant lifestyle, outstanding amenity and consistent capital growth. Opportunities to secure a corner block in this blue-chip pocket are becoming increasingly scarce, making this an investment in both your future and one of the city's most desirable locations.
Whether you're looking to build your dream home, undertake a boutique development (STCA), expand your investment portfolio or secure a significant landholding in a premium location, this exceptional property presents endless possibilities.
Property History for 20 Victoria St, Preston, VIC 3072
- 01 Aug 2026Sold
- 07 Jul 2026Listed for Sale AUCTION $800,000 - $880,000
Recent sales nearby
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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.
Suburb Insights for Preston 3072
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