505/54 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

505/54 High Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 2780m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 505/54 High St, Preston

505/54 High St, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2780m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2009
Floor Size
117m2
Land Size
2780m2
Local Government
Darebin
Lot/Plan
H505/PS536256

Last Listing description (November 2024)

Expressions of Interest closes Thursday 19th September at 5pm

Catering to the needs of the most discerning lifestyle enthusiasts, this contemporary two bedroom apartment provides spacious scopes, immediate low-maintenance upkeep and a sought-after address located south of Bell Street. Part of the community-friendly Highview Apartments complex, its favoured for a near new communal entertainers courtyard landscaped with verdant garden beds and a relaxed BBQ area. Meanwhile, the property embodies a flowing open plan, boasting an airy meals/family domain that leads to an undercover balcony. With the stylish stone-bench kitchen easy to navigate and well-equipped in quality stainless-steel appliances including dishwasher, plus ample cabinetry. There is also a generous study alcove featuring a lengthy integrated workstation for two people. Sizeable, robed bedrooms (one with balcony access) flank the sparkling bathroom that provides a concealed European laundry. Further highlights comprise heat/cooling split systems, intercom entry, lift access, secure car space and storage cage. Approximately only 8.5km to our iconic CBD, with near by trams and Thornbury Station making the commute a total breeze. A brisk stroll to Preston South shops, Adams Reserve and trails. Additionally, just a five minute drive to renowned Preston Market and lively High Street eateries/boutique retail.

Property History for 505/54 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$480,000
07 Nov 2024
Listed for Rent
$390/w
30 Jun 2021
  • 07 Nov 2024
    Sold for $480,000
  • 14 Aug 2024
    Listed for Sale $485,000
  • 24 May 2021
    Listed for Rent $390 / week
Sign in to see more transactions
Commute Calculator

About 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.
There are currently 64 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.