32 Cramer StreetPreston VIC 3072
Property Details for 32 Cramer St, Preston
32 Cramer St, Preston is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 700m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Preston in the last 12 months.
Last Listing description (March 2025)
This property boasts a classic period profile with modernised proportions, set on a prominent allotment featuring easy rear lane access and a significant second frontage to St Georges Road. The immense potential of this site is highlighted by its unparalleled convenience, being in close proximity to Preston Market, Zwar Park, Preston station, High Street, and multiple supermarkets. The existing 4-bedroom, 2-bathroom floor-plan offers immediate comfort, featuring separate living and dining rooms, a spacious central kitchen, and a dedicated sun-room. The north-facing backdrop provides ample off-street parking.
Adding to its appeal, plans and permits have been approved for the construction of six 2-bedroom townhouses. This outstanding opportunity offers options for renovation, dual occupancy subdivision, or redevelopment (STCA). This landmark location ensures a future as rewarding as its storied family past, with every Preston attraction just moments away. For more information, please contact the agents.
Land size: 700m2 approx.
Settlement preference: 30/45/60/90 days
Rental assessment: $650-$700 per week
Property History for 32 Cramer St, Preston, VIC 3072
- 16 Mar 2025Sold for $1,295,000
- 25 Oct 2024Listed for Sale $1,300,000 - $1,350,000
- 28 Jun 2024Listed for Sale $1,300,000 - $1,350,000
Recent sales nearby
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0About 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 21,601 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.
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