372 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

372 High Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 372 High St, Preston

Building Type
Commercial
Local Government
Darebin
Lot/Plan
2/TP539236

Last Listing description (June 2025)

SHOP WITH RESIDENCE IN THE HEART OF PRESTON

- Centrally located shop and residence of 210 sqm in the highly sought after Golden Mile of High Street Preston
- Surrounded by excellent public car parking and a plethora of national retailers including Woolworths, Aldi, Chemist Warehouse, ANZ, CBA, NAB, established food and beverage operators and more
- Exceptional transport amenities nearby with Preston Train Station within walking distance

- Residence provides 3 rooms and separate bathroom
- Rear laneway access with onsite parking for 2 cars
- Air conditioning and heating throughout
- Additional ground floor toilet
NOTE THE PROPERTY IS ALSO AVAILABLE FOR LEASE

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.

For further information or to arrange an inspection contact:
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
or
John Star 0418 951 604
John.star@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective tenants to make their own inquiries to verify the information contained herein.

Property History for 372 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,840,000
23 Jun 2022
  • 09 Jan 2025
    Listed for Sale CONTACT AGENT
  • 09 Jan 2025
    Listed for Rent $60,000 PA
  • 23 Jun 2022
    Sold - Price Undisclosed
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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 21,601 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.
There are currently 65 properties listed for sale, and 56 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 930 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.