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

48B Wood Street
Preston VIC 3072

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 243m2
Land area: 295m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 48b Wood St, Preston

48b Wood St, Preston is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 295m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
2018
Floor Size
243m2
Land Size
295m2
Local Government
Darebin
Lot/Plan
2/PS734090

Last Listing description (May 2019)

The concept of creating a contemporary residence that meets family needs in a manner that's totally attuned to today is taken from a clever idea to an irresistible reality by this outstanding 4 bedroom, 3 bathroom, 41sqm home.
An exceptional mix of style and space, enhanced by the natural advantage of a northerly rear aspect, includes large, light-filled living/dining dimensions opening to a sunny courtyard, a refined upstairs retreat, a vibrant, versatile top floor rumpus room offering a 5th bedroom option and a generous study/office/students' homework area.
Superlative quality - made clear by the open-plan kitchen, the attention to detail, reverse cycle heating/cooling and the presentation - is complemented by the added appeal of secure garaging and extra parking in a location that places parks, shops and several schools all within easy range and reach. A memorable modern success - providing family flair that's ahead of its time.

If you have a busy lifestyle the location of this home is second to none. With eateries, retail shops and other facilities all located inside Northland Shopping Centre which is a 50-meatre walk away, as well as endless transport options such as bus routes that provide access to Preston Station, and the number 86 Tram, as well as other destinations all over Melbourne.
If you enjoy combining carefree living with space and luxury this is the home you have been craving.

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

A timeline of how this property has performed in the market
Last Sold
$1,040,000
15 May 2019
  • 15 May 2019
    Sold for $1,040,000
  • 19 Mar 2019
    Listed for Sale Sale
  • 27 Nov 2018
    Listed for Sale $1,150,000
Commute Calculator

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

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.