380 High Street, Preston, VIC 3072 sold on 30 April 2025 | OnTheHouse
SOLD
Sold on 30 Apr 2025 for $2,388,000

380 High Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 6
Save

Property Details for 380 High St, Preston

Building Type
Commercial
Local Government
Darebin
Lot/Plan
2/LP2348

Last Listing description (October 2023)

UNDER OFFER

A RETAIL OPPORTUNITY YOU CAN BANK ON!

Located in the heart of Prestons thriving retail precinct and boasting over 10m* of frontage to High Street this 174sqm* offering on a single level cannot be beaten.


Additionally with the ability to extend the building at the rear, the property is able to offer tenancies from 59sqm* - 318sqm* (STCA), offering something for everyone!

Being only 300m* from the Preston Market the property enjoys high foot traffic along with exposure to passing traffic, and would be suitable for a variety of uses such as food & beverage, medical, lifestyle, fitness or retail (STCA).

In the centre of High Street you will enjoy being surrounded by well-regarded national retailers such as Woolworths, Aldi, BWS, Chemist Warehouse, Commonwealth Bank and Bob Jane T-Marts.

Call today to arrange your inspection and discuss how 380 High Street, Preston will work for your business.

*approx.

Property History for 380 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$2,388,000
30 Apr 2025
  • 11 Jul 2023
    Listed for Rent - Price not available
  • 30 Nov 2022
    Listed for Rent - Price not available
  • 07 Oct 2014
    Listed for Rent $330 PER WEEK
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 21,595 properties. Over the last 5 years, Houses in Preston have seen a 19.31% increase in median value, while Units have seen a 14.23% increase. As at 31 January 2026:

  • The median value for Houses in Preston is $1,255,002 while the median value for Units is $638,635.
  • Houses have a median rent of $640 while Units have a median rent of $550.
There are currently 68 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 965 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.