28 Albert Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

28 Albert Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 678m2
Land area: 1727m2
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Property Details for 28 Albert St, Preston

Building Type
Land
Floor Size
678m2
Land Size
1727m2
Local Government
Darebin
Lot/Plan
1/TP756752

Last Listing description (April 2023)

CBRE is pleased to offer 28-44 Albert Street, Preston, available for sale via Expressions of Interest closing Thursday 7th September 2017 at 3pm (AEST).

Located within the metropolitan fringe location of Preston, this rare development opportunity is situated amongst a diverse range of surrounding uses such as retail, office, industrial and residential.


The property is located 11km* north of the Melbourne CBD and provides exceptional access to major road arterials such as Bell Street, St Georges Road and Sydney Road.

The vacant industrial land parcel provides the following key features:
+ Two significant street frontages (Albert Street & Daley Street)
+Over 12,000 cars pass the site each day
+ Potential for office / industrial / large format retail (STCA)
+ Rare opportunity in flexible Industrial 3 Zone
+ Site area: 13,590sqm*

For further information regarding this opportunity or to arrange an inspection of the property, kindly contact CBRE.

Expressions of Interest Closing Thursday 7th September 2017 at 3pm (AEST)

*approx.

Property History for 28 Albert St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$2,115,000
21 Dec 2010
  • 08 Aug 2017
    Listed for Sale Not Disclosed
  • 21 Dec 2010
    Sold for $2,115,000
  • 21 Dec 2010
    Sold for $2,115,000
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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 21,593 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 58 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 942 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.