31 Mcgowan Avenue, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

31 Mcgowan Avenue
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 345m2
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Property Details for 31 Mcgowan Ave, Preston

31 Mcgowan Ave, Preston is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 345m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
81m2
Land Size
345m2
Local Government
Darebin
Lot/Plan
90/LP24053

Last Listing description (August 2023)

This bright, beautiful, and lovingly restored two-bedroom plus study home has a focus on sustainable living within walking distance of schools, northside markets, parks, and transport.

Opening into a welcoming living area with polished floorboards and overlooking greenery outside every window, a newly installed gas log fireplace warms the whole area. A sparkling retro kitchen with stainless steel appliances marries the home's vintage soul with modern style, while two spacious bedrooms (master with mirror built-in robes) are comfortably serviced by a bright central bathroom with an updated vanity.

Enjoy breakfast with the birds or alfresco dinners in the open-air outdoor entertaining area shaded by producing grape vines. Fruit trees and garden beds have been lovingly tended in the impressive-sized backyard, including established vegetable gardens, a thoughtfully designed chicken coop, composting area, and a spacious shed complete with a shed-top garden.

A stylish and loving restoration and fit-out by award-winning architects saw the house featured in 'Sanctuary magazine in 2010, highlighting the home's natural features and its development into a humble sustainability gem. Since then, it has been fitted with a Fronius solar panel system capable of meeting household energy needs, complementing the large water tank and greywater capture system, ensuring a low environmental impact and decreased operating costs. All while staying close to the community and cultural gems of Preston and Coburg.

Dressed with polished timber floorboards throughout, the cozy but well-planned layout features a bright sunroom/home office with a garden outlook, original stained timberwork, classic wall picture rails, high ceilings, built-in bookshelves, renovated laundry, basement storage area/cellar, and side laneway access.

In a quiet and very welcoming street, there's a bike storage area if you want to minimize driving, given the walking and riding distance from local schools, childcare, the Merri Creek Trail, Coburg Lake, Gilbert Road trams, Preston market, and Regent Village shops.

A must-see home for couples or small families with a love of old-world charm and a focus on a sustainable future.

Property History for 31 Mcgowan Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$932,000
28 Jul 2023
  • 28 Jul 2023
    Sold for $932,000
  • 11 Jul 2023
    Listed for Sale AUCTION: $850,000 - $920,000
  • 25 Jun 2016
    Transferred
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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 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

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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.