45 Wallace StreetPreston VIC 3072
Property Details for 45 Wallace St, Preston
45 Wallace St, Preston is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 552m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last transferred in July 2025.
Last Listing description (October 2019)
Set in a quiet street within walking distance of Gilbert Road trams, bus services, Bell train station, Preston Market, Preston West Primary School, HP Zwar Park and Melbourne Polytechnic, can you think of a better setting to raise your growing family?
As appealing as the location is, it's the charm and potential of this three-bedroom home that will get you really excited and thinking about your family's future here.
Original in presentation and perfectly liveable as is, the stage is therefore set for the future occupant to move in and create an environment to suit their own tastes and styles by modernising the light and bright interior that features a large formal lounge/dining area, huge open-plan meals/kitchen area in the heart of the home, separate living area that allows your growing family to stretch out and relax, a separate study, large family bathroom and separate laundry.
With a tandem double garage plus undercover parking for three more cars, the home is suitability prepared for the increased number of cars it will have to accommodate as your family grows, while a separate workshop also provides ample storage solutions.
Occupying a sizeable 550sqm (approx.) allotment with side laneway access, the scope is also there to redevelop (STCA).
Property History for 45 Wallace St, Preston, VIC 3072
- 26 Jul 2025Transferred
- 19 Oct 2019Sold for $1,121,000
- 24 Sep 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 21,615 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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