502/7 Warrs Ave, Preston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 874m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
On the edge of Thornbury this is the ultimate luxury apartment. Full of light, the immediately impressive entrance opens to the instantly striking interior with stunning city views and vast flowing spaces featuring a well-appointed entertainer's kitchen with quality Smeg appliances including fully integrated dishwasher, alongside an expansive dining and living area that seamlessly opens to a spacious terrace and an inviting alfresco dining space. Offering flexibility there are two double bedrooms (the main with WIR & ensuite), a third bedroom or home office, central bathroom, and European laundry. Other highlights include split system heating and cooling, video intercom entry and two secure car spaces. In a fabulous location it is steps from vibrant High Street with its popular bars and cafes, shops, trains, trams and only moments further to Preston Market, parks, and schools.
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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