3/1 Cormac Street, Preston, VIC 3072 sold on 29 August 2026 | OnTheHouse
SOLD
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Sold on 29 Aug 2026 for $720,000

3/1 Cormac Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 120m2
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Property Details for 3/1 Cormac St, Preston

3/1 Cormac St, Preston is a 2 bedroom, 1 bathroom Townhouse and was built in 2019. The property has a land size of 120m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Year Built
2019
Floor Size
87m2
Land Size
120m2
Local Government
Darebin
Lot/Plan
3/PS809985

Last Listing description (September 2026)

Expressions of Interest closes Tuesday 8th September at 5:00pm

This two-bedroom townhouse provides a lifestyle of low maintenance luxury - exhibiting an easy lifestyle in a tranquil south of Bell Street locale.

Bathed in natural light, the home's feature-packed interior showcases an expansive living and dining area accompanied by a stunning kitchen including tiled splashback and ample cupboard space and extends freely onto a generous outdoor area. Upstairs unveils two double bedrooms (main with WIR) that are serviced by a stylish central bathroom with large shower. Exuding modern comfort and quality, the property also includes the added convenience of a separate full-size laundry & WC (downstairs) split system a/c and off-street parking.

Within proximity to local parks, buses and trams, zoned to Preston South Primary School & Preston High School, as well as easy access to popular shopping centres including Northland Shopping Centre, High Street cafes and Preston Market. This sensational residence represents an exceptional existence best suited to first home buyers, and savvy investors who value a lifestyle of privilege and convenience, in one of Melbourne's most liveable suburbs.

Property History for 3/1 Cormac St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$720,000
29 Aug 2026
Listed for Rent
$415/w
01 Aug 2022
  • 29 Aug 2026
    Sold for $720,000
  • 13 Aug 2026
    Listed for Sale $680,000 - $720,000
  • 28 Mar 2023
    Sold for $626,000
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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 21,899 properties. Over the last 5 years, Houses in Preston have seen a -5.51% decrease in median value, while Units have seen a 4.03% increase. As at 31 August 2026:

  • The median value for Houses in Preston is $1,149,338 while the median value for Units is $635,800.
  • Houses have a median rent of $700 while Units have a median rent of $590.
There are currently 74 properties listed for sale, and 56 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 881 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Jellis Craig Northcote
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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.