48 Stott St, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 471m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Positioned south of Bell Street in the vibrant heart of Preston, this original family home on a generous block (469sqm approx.) is bursting with potential! Whether youre looking to renovate its classic layout or build a brand-new home (STCA), this opportunity lies in one of Melbournes most sought-after suburbs. The current layout welcomes you with a neat garden frontage and front porch, leading into a spacious hallway with three bedrooms, a central bathroom, and a separate lounge that connects to the kitchen/meals area at the rear. A large backyard highlights the propertys untapped potential, complemented by off-street parking and gated side access via the driveway. Enjoy all that thriving Preston has to offer, with parks and gardens just a short stroll away. Commuting is a breeze with the St Georges Rd Bike Trail, Bell Station within walking distance, and easy access to bus routes and Gilbert Road trams. Preston Market is only minutes away for fresh produce, along with nearby Woolworths and ALDI for added convenience. Discover the lively scene along High Street, featuring a diverse array of shops, boutiques, restaurants, bars, and cafs. Plus, enjoy nearby Merri Creek Trail, and zoning to Bell Primary School and Preston High School.
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 21,614 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:
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