40 Austral AvenuePreston VIC 3072
Property Details for 40 Austral Ave, Preston
40 Austral Ave, Preston is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 427m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (February 2024)
South of Bell Street in one of Preston's most revered pockets, this distinctive period home provides an immediately functional lifestyle along with a myriad of options for those looking to renovate and extend or possibly start anew (STCA).
Beyond the attractive facade, discover a light and bright interior currently comprising two large bedrooms (one with box bay window) both serviced by an updated central bathroom. Add to this a spacious living room leading through to the separate kitchen/meals area with stainless-steel cooking appliances. Other features include gas heating, high ceilings and solid timber floors, plus a gated side driveway and substantial backyard with rear ROW - all highlighting the property's generous dimensions and untapped potential.
Zoned to Bell Primary School & Preston High School and moments from Gilbert Road trams and a choice of bus routes, it's also close to local parks and Bell Station, as well as easy access to village cafes, South Preston Shopping Centre and the buzz of High Street.
Property History for 40 Austral Ave, Preston, VIC 3072
- 12 Feb 2024Sold for $1,110,000
- 24 Jan 2024Listed for Sale Under Offer
- 01 Sep 1988Sold for $80,000
Recent sales nearby
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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 21,613 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
- The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
- Houses have a median rent of $695 while Units have a median rent of $550.
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