48B South Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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48B South Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 326m2
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Last updated 19 Jan 2026
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Property Details for 48b South St, Preston

48b South St, Preston is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 326m2.

Building Type
House
Land Size
326m2
Local Government
Darebin
Lot/Plan
PC374611

Last Listing description (October 2021)

This magnificent Executive Home is located a short walk to Plenty Road tram. Step through the front door into the formal lounge and experience the quality within. Meander down past a bedroom and bathroom on into the beautiful kitchen with marble benches and splash backs plus stainless steel appliances and dishwasher. Adventure further into the huge open plan living area with gas log fire and split system heating/cooling through the rear doors and into the undercover alfresco and very low maintenance rear garden. Upstairs the other 3 bedrooms all have fitted walk-in wardrobes and the master has a full ensuite and balcony. All complimented by the open study area and main bathroom with freestanding bath and separate toilet. Extras include heating & cooling throughout, polished boards to the lower floor, double remote garage, heaps of cupboards and quality fixtures and fittings. You will not be disappointed.

Property History for 48b South St, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
$870/w
14 Oct 2021
  • 23 Sep 2021
    Listed for Rent $870 / week
  • 09 Aug 2017
    Listed for Rent $800 / week
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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 21,601 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 64 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 932 properties were sold in the past 12 months in Preston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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