48 Victoria St, Preston is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 628m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Preston in the last 12 months.
A remarkable established garden, versatile detached studio and superb outdoor entertaining give this three-bedroom Preston home a personality all its own, creating an inviting setting for families, first-home buyers and anyone seeking extra space to work, retreat or create.Inside, polished floorboards bring warmth to the open-plan living, meals and kitchen zone, where an easy connection between the spaces supports relaxed everyday living. The spacious kitchen provides excellent cabinetry and room for family meals, while ceiling fans and ducted heating and cooling throughout the home provide year-round comfort.Three bedrooms provide flexible accommodation, with built-in robes to two. The central bathroom incorporates a spa bath, shower and toilet, while a separate laundry completes the main residence.It is outdoors, however, where the property really distinguishes itself. Mature trees and established greenery create a wonderfully secluded garden environment, complemented by brick pathways and a substantial covered entertaining area with plenty of room to gather beneath the canopy.At the rear, a detached studio with an adjoining open storage/shed area provides an ideal retreat, home office, creative space or teenagers zone. Positioned conveniently opposite, a separate outdoor bathroom with shower and toilet enhances the flexibility of this part of the property.Vehicle access via the side roller door leads through to the single garage positioned within the rear yard, adding practicality without interrupting the garden setting.Northland Shopping Centre and Preston South Shopping Centre are within easy reach, along with Plenty Road trams, a bus service passing directly along Victoria Street, and an excellent selection of local reserves and parks. The property is also zoned for Penders Grove Primary School and Thornbury High School.
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,897 properties. Over the last 5 years, Houses in Preston have seen a -5.51% decrease in median value, while Units have seen a 4.03% increase. As at 31 August 2026:
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