507/54 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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507/54 High Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 2780m2
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Property Details for 507/54 High St, Preston

507/54 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 50m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
2009
Floor Size
50m2
Land Size
2780m2
Local Government
Darebin
Lot/Plan
H507/PS536256

Last Listing description (October 2018)

With its open design, quality features and secure surrounds, this fifth-floor apartment makes an ideal choice for home buyers and investors alike situated in a modern low-rise complex with the best of Preston and Thornbury at your doorstep. Light-filled interior comprises one double bedroom with mirrored robes, stylish central bathroom and dedicated study alcove with built-in workstation, plus open-plan living/meals area complemented by a stone-bench kitchen with stainless steel cooking appliances and dishwasher. Add to this a full-width undercover terrace (from the bedroom and living area), split-system heating and cooling, discreet laundry facilities, as well as lift to secure foyer, lower-level parking space and storage cage. Just north of Thornbury's border, it's walking distance to South Preston Shopping Centre and city-bound trams, as well as Adams Reserve, Thornbury Station and High Street's cool cafes and eateries.

Property History for 507/54 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$343,000
07 Sep 2018
  • 07 Sep 2018
    Sold for $343,000
  • 22 Aug 2018
    Listed for Sale Private Sale $328,000
  • 05 Nov 2012
    Sold for $342,500
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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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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