31/122 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

31/122 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 1492m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 31/122 High St, Preston

31/122 High St, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1492m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2010
Floor Size
72m2
Land Size
1492m2
Local Government
Darebin
Lot/Plan
35/PS603967

Last Listing description (June 2025)

A south of Bell Street address that puts the CBD only some 8km away - and is merely moments from Preston Market, High Street's shops and cafes and number 86 trams - creates a a distinctive, desirable setting for this immediately inviting modern apartment. The presence of superb Jamie Durie designed residents' grounds further enhances the appeal of secure, stylish spaces including a central living/dining area featuring reverse cycle heating/cooling and floor-to-ceiling sliding glass doors to a full-width balcony where expansive outlooks complement the opportunity to entertain. An open-plan kitchen with Caesar-stone surfaces, a central island and stainless steel appliances contributes elegant efficiency to a floor-plan in which two bedrooms each enjoy a balcony aspect and individual heating/cooling. The main bedroom's ensuite and the separate second bathroom confirm the enduring modern excellence of the spaces. Secure allocated car parking and a storage cage complete a property where lifestyle appeal and investment attraction are impressively, irresistibly matched.

Property History for 31/122 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$500,000
15 Nov 2023
Listed for Rent
$460/w
11 Apr 2019
  • 15 Nov 2023
    Sold for $500,000
  • 17 Oct 2023
    Listed for Sale $460,000 - $500,000
  • 21 Jun 2022
    Transferred
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 21,596 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 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 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.