323 High Street, Preston, VIC 3072 sold on 08 August 2025 | OnTheHouse
SOLD
Sold on 08 Aug 2025 for $960,000

323 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 202m2
Save

Property Details for 323 High St, Preston

Building Type
Commercial
Land Size
202m2

Last Listing description (August 2025)

**SOLD BY HARRY KONTOSSIS 0419 337 719**

• Two Storey brick shop and Dwelling
• Land – 202m2 with excellent rear lane access

• Zoning – Priority Development Zone - Schedule 2
• Potential Multi Storey Development (STCA)
• Multitude uses including Residential and Commercial use. (STCA)
• Close to Bell Street, Preston Market, Preston Station, St Georges & Plenty Rd Tram
• "Offered on Vacant possession"
• A great opportunity for the owner occupier or Investor

Property History for 323 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$960,000
08 Aug 2025
  • 08 Aug 2025
    Sold for $960,000
  • 24 Sep 2011
    Listed for Sale Not Disclosed
  • 08 May 1980
    Sold for $60,500
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 21,597 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 65 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 914 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
Contact agent
agent headshot
Harry Kontossis
Show contact details
Barry Plant - Reservoir
Preferred contact:
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.