42 Wood Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

42 Wood Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 80m2
Land area: 593m2
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Property Details for 42 Wood St, Preston

42 Wood St, Preston is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 593m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Townhouse
Floor Size
80m2
Land Size
593m2
Local Government
Darebin
Lot/Plan
31/LP52501

Last Listing description (December 2025)

Live in One of Preston's Most Connected Locations. Construction is nearing completion for this exclusive collection of four premium triple-storey residences at 42 Wood Street, Preston.

Thoughtfully designed by acclaimed architects, these modern townhouses each offer a flexible 3-bedroom, 3-bathroom layout tailored to suit growing families, professionals, or investors seeking high-end living in a connected and community-focused location.

Each home includes:

A spacious kitchen with breakfast bar and generous storage
Secure lock-up garage
Light-filled living zones across three levels
A private master suite with walk-in robe and ensuite
Generous balconies and landscaped outdoor areas

Designed to enhance everyday living, these homes are filled with natural light thanks to large front and rear windows, skylights, and open stairwells that allow light and airflow to move freely throughout.

Ideally situated just 9km from Melbourne's CBD and north of Thornbury, these townhouses offer unmatched convenience:

50 metres to Northland Shopping Centre
6-minute drive to Preston Train Station, with direct access to the city in approximately 25 minutes
Easy access to 86 tram routes and Darebin Creek Trail
Close to Preston Market, High Street cafes, eateries, and vibrant green spaces

A Design-Led Community You'll Be Proud to Call Home

Set within a landscaped and walkable enclave, the homes at 42 Wood Street are part of a new generation of sustainable living in Preston. Combining modern architectural design with practical, future-proofed features, this development represents a rare opportunity to secure brand new, low-maintenance homes in a well-connected and established suburb.

Property History for 42 Wood St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,030,500
07 Jul 2018
Listed for Rent
$250/w
21 Oct 2020
  • 23 Jun 2025
    Listed for Sale Contact Agent - By Appointment
  • 15 Oct 2020
    Listed for Rent - Price not available
  • 07 Jul 2018
    Sold for $1,030,500
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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 21,598 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 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 942 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.