5/49 Austral Ave, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 637m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Designed to achieve a light-filled, interior with sophisticated finishes and modern comforts, this one bedroom apartment also blessed with an enviable location with Gilbert Road Shops, transport close by and High Street shopping at arms length.
What you need to know
Accommodation:
- 1 Bedroom
- Open plan living
- Gourmet kitchen with gas appliances and ample cupboard space
- Bright central bathroom
Comforts:
- Split system heating and cooling
- Built in robes
- Floating timber floors throughout
Amenities:
- Within a short stroll to trendy cafes, bars and restaurants
- Walking distance to tram
- Close to Bell St Primary School
* Rent payable per calendar month: $1955
Bond: $1955
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:
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