502/1 High St, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 839m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Location at its best, this 5th floor apartment has stunning views from the large balcony all within walking distance to multiple transport options, bars, cafes, restaurants, local shops and parklands. Upon entry you will be impressed with the size of the open plan kitchen/dining/living area with gas cooking, dishwasher, plenty of cupboards, split system heating and cooling, all leading to the double balcony with sliding glass doors for entertaining. The double bedroom has BIR and access to the balcony. A separate modern bathroom with walk in shower and the added bonus of an allocated study area and European laundry to complete the floorplan. Features split system, natural light, stunning view, intercom secure entry, lift, basement carpark and storage cage.
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 21,614 properties. Over the last 5 years, Houses in Preston have seen a 2.00% increase in median value, while Units have seen a 7.96% increase. As at 30 June 2026:
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