5 Diamond StreetPreston VIC 3072
Property Details for 5 Diamond St, Preston
5 Diamond St, Preston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 513m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (December 2018)
Expressing plenty of charm and ready for its true potential to be unleashed, this 3 bedroom classic is all about the stunning possibilities and its location moments to Preston Market, Plenty Rd shops, and public transport.
There is no doubting this home has seen better days, but its classic character, great timber detail, and wonderful period touches make it a charming project for those wanting to renovate, while at the same time the sizeable block measuring 512sqm (approx.) also makes it an unmistakable development opportunity.
Delivers high ceilings, generous lounge with open fireplace, large central family and meals zone, retro kitchen with appliances, 2 large bedrooms (1 with BIR), 3rd bedroom or study, central bathroom with a private toilet, laundry, detached bungalow at the rear with sink, studio/workshop, and a palm tree back garden with courtyard.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 5 Diamond St, Preston, VIC 3072
- 28 Nov 2015Sold for $740,000
- 02 Nov 2015Listed for Sale $740,000
- 16 May 2002Transferred
Recent sales nearby
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0About 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.
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