205/54 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
FOR RENT

205/54 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 2780m2
Save

Property Details for 205/54 High St, Preston

205/54 High St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2780m2 and floor size of 74m2.This Property is currently listed for rent with HOLLAND PRICE REAL ESTATE

Building Type
Unit
Year Built
2009
Floor Size
74m2
Land Size
2780m2
Local Government
Darebin
Lot/Plan
H205/PS536256

Last Listing description (January 2026)

This modern 2-bedroom, 1-bathroom apartment at 205/54 High Street, Preston offers a blend of style, comfort, and convenience in one of Melbourne's thriving inner-north suburbs. The apartment features an open plan living, dining, and kitchen area with quality floorboards throughout, creating a warm and inviting atmosphere. A balcony extends from the living area, providing space to enjoy fresh air and morning coffee.

The kitchen is well-designed with a walk-in pantry, offering plenty of storage and functionality. Both bedrooms include built-in wardrobes, and the bathroom incorporates integrated laundry facilities, making day-to-day living simple and practical. A secure single car space completes the apartment.

Situated on High Street, the apartment places you at the centre of Preston's vibrant caf, dining, and shopping scene. Enjoy coffee at The Precinct Coffee, Milk the Cow, and Blackbird Coffee, or brunch at Cherry Tree Caf, The Preston Market cafs, and Lokal Eatery & Bar. Everyday groceries and essentials are easily accessible at Preston Market, Coles Preston, and IGA Preston, with a variety of specialty shops also nearby.

The location offers excellent transport connections, with trams and buses along High Street providing direct access to the CBD and surrounding suburbs. Preston's arts and culture scene is within reach, including Preston Town Hall events, Northland Arts, and local galleries. For outdoor recreation, there are nearby green spaces such as Bundoora Park, Merri Creek Trail, and Cramer Street Reserve, perfect for walking, running, or cycling.

This apartment is ideal for anyone seeking a combination of modern living, convenience, and lifestyle in a highly desirable Preston location.

Property History for 205/54 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$421,000
29 Apr 2023
Listed for Rent
$560/w
14 Jan 2026
  • 14 Jan 2026
    Listed for Rent $560 / week
  • 29 Apr 2023
    Sold for $421,000
  • 04 Dec 2011
    Sold for $375,000
Sign in to see more transactions
Commute Calculator

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 59 properties listed for sale, and 57 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 944 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.