3/16 Hotham Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

3/16 Hotham Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 147m2
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Property Details for 3/16 Hotham St, Preston

3/16 Hotham St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 147m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
2016
Floor Size
82m2
Land Size
147m2
Local Government
Darebin
Lot/Plan
3/PS744033

Last Listing description (October 2025)

Nestled at the rear of a boutique block of three and boasting a quiet position on the fringe of Thornbury close High Street is this standalone unit highlighting top quality finishes, impressive high ceiling spaces with an abundance of natural light. The outstanding interior features two large bedrooms with sliding mirror wardrobe doors (master with courtyard and bathroom access) a chic mosaic tiled bathroom with double floating vanities and a wall mounted mirror panel, walk in shower and WC and a European style Laundry with plenty of storage. The heart of the residence is where you'll find the amazing open-plan living/dining area with sliding doors accessing the large merbau decked courtyard. This area is also complemented by a state of the art stone kitchen with soft-close drawers and stainless steel appliances. Heating and Cooling Air-conditioning Systems throughout and a single car space.

Property History for 3/16 Hotham St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$680,000
01 Aug 2016
Listed for Rent
$610/w
02 Apr 2025
  • 24 Mar 2025
    Listed for Rent $610 / week
  • 31 May 2023
    Listed for Rent $550 / week
  • 05 Jun 2019
    Listed for Rent - Price not available
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 39 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 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.