5 Stephen St, Preston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 465m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
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Situated in one of Preston's most esteemed south-of-Bell Street neighbourhoods, this solid-brick period prize occupies a substantial block of land (464sqm approx.) providing an immediately comfortable lifestyle with tremendous scope to renovate and extend in the future (STCA). Well-presented throughout, the home's current floorplan comprises two bedrooms (large master) along with formal dining room and neat central bathroom. Add to this a spacious lounge and separate kitchen/meals area leading through to the rear sunroom, plus the added appeal of high ceilings and original lead-light windows. Highlighting its exceptional future potential is an expansive backyard garden complete with handy storage sheds as well as off-street parking. A short stroll to Miller Street trams and village eateries, it's also close to Bell Primary School and Norman Reserve, as well as easy access to Thornbury Station, High Street shops and supermarkets.
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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 21,615 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
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