5 Tennyson AvenuePreston VIC 3072
Property Details for 5 Tennyson Ave, Preston
5 Tennyson Ave, Preston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 571m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Preston in the last 12 months.
Last Listing description (May 2026)
Positioned in one of Preston's most tightly held and rapidly evolving pockets, 5 Tennyson Avenue presents an exceptional opportunity to secure a substantial parcel of land with outstanding future potential. Set on a generous allotment that is significantly larger than many surrounding properties, this well-maintained residence offers immediate comfort alongside exciting scope for redevelopment, subdivision or the creation of a multi-dwelling project (STCA).
Behind its charming façade, the home reveals a spacious and light-filled floorplan comprising three generous bedrooms, multiple living zones and an open-plan kitchen and meals area designed for everyday functionality. A welcoming front lounge flows seamlessly through to the dining and kitchen domain, while large windows throughout allow an abundance of natural light to enhance the warm and inviting interiors.
The well-appointed kitchen offers ample bench space, breakfast bar seating and excellent storage, perfectly positioned to overlook the central living areas. Comfort is assured year-round with ducted underfloor heating throughout the entire home, complemented by split-system heating and cooling for added convenience.
Outside, the expansive landholding truly sets this property apart. With the rear laneway, a large garage, additional off-street parking, a large storage area under the back verandah, and substantial open space, the block provides incredible flexibility for families, investors and developers alike. Whether you choose to renovate, extend, lease out or unlock the site's full redevelopment potential (STCA), the possibilities here are extensive.
Perfectly positioned within easy reach of some of Preston's most sought-after lifestyle attractions, the home enjoys close proximity to the vibrant High Street precinct, renowned for its thriving café culture, boutique shopping, restaurants and entertainment options. The iconic Preston Market is just moments away, offering fresh produce, specialty retailers and a true community atmosphere, while nearby Northland Shopping Centre provides further convenience for everyday essentials.
Families will appreciate the access to quality local schooling options and nearby educational facilities, along with an abundance of parklands, sporting reserves and walking trails. Excellent public transport connectivity, including nearby train stations, tram routes and bus services, ensures an easy commute to Melbourne's CBD and surrounding suburbs. Combining lifestyle, convenience and long-term growth potential, this outstanding location further enhances the appeal of this rare Preston opportunity.
Property History for 5 Tennyson Ave, Preston, VIC 3072
- 30 May 2026Sold for $1,375,000
- 05 May 2026Listed for Sale AUCTION $1,280,000 - $1,380,000
- 01 Nov 1986Sold for $68,000
Recent sales nearby
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0About Preston 3072
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,603 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:
- The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
- Houses have a median rent of $700 while Units have a median rent of $550.
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