48 Newcastle Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

48 Newcastle Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 256m2
Land area: 695m2
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Property Details for 48 Newcastle St, Preston

48 Newcastle St, Preston is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 695m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
2024
Floor Size
256m2
Land Size
695m2
Local Government
Darebin
Lot/Plan
13/LP8867

Last Listing description (April 2021)

Successfully blending vintage Art Deco character with modern flair, this beautifully updated family home offers timeless living in a sought-after lifestyle location on the coveted southern side of Bell Street.

Sparkling in presentation, on a generous 695sqm (approx.) block, this home retains authentic gifts from a bygone era, including ornately decorated high ceilings, two open fireplaces, picture rails, original stained timber work and polished hardwood timber floorboards, while a modern kitchen with a stainless steel cooker, updated main bathroom and ducted heating deliver contemporary comfort, style and quality.

Open fireplaces in the beautiful formal lounge and separate formal dining room give you flexible entertaining and cosy unwinding, while a bright and stylish open-plan meals/family area provides additional relaxed living.

Watch the kids play freely in the huge grassed backyard as you take a break from the daily grind beneath the undercover verandah. Three spacious bedrooms, a secure single garage, ample storage and a separate laundry (with shower) complete the appeal.

With abundant space available in the backyard, there's scope to extend the home as the family grows (STCA), while there's also an opportunity to extract maximum value from the land and redevelop at a time that suits (STCA).

Be the one to call it home' and enjoy a premier lifestyle close to numerous nearby cafes along High Street and Plenty Road, Plenty Road trams, Bell train station, parks, schools and South Preston and Northland shopping centres.

Property History for 48 Newcastle St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,456,000
17 Apr 2021
  • 17 Apr 2021
    Sold for $1,456,000
  • 23 Mar 2021
    Listed for Sale ONSITE AUCTION - $1,150,000- $1,250,000
  • 28 Jan 2011
    Listed for Sale Not Disclosed
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 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.