531 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

531 High Street
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 416m2
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Last updated 29 Dec 2025
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Property Details for 531 High St, Preston

531 High St, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 416m2.

Building Type
Unit
Land Size
416m2
Local Government
Darebin
Lot/Plan
9/PS832595

Last Listing description (February 2022)

TO VIEW VISIT OUR OFF-THE-PLAN SHOWROOM EACH SATURDAY 2 - 4:30PM AT RAY WHITE PRESTON - 363 HIGH STREET.

Ray White Projects proudly presents these three boutique apartments promising to deliver a Preston lifestyle with all the bells and whistles!

With such a limited number of apartments available inside this soon to be completed residential complex, you'd want to act quickly to secure any of these sleek and stylish executive apartments, which enjoy the prestige of being located in the heart of Preston and therefore only a short walk to an array of popular eateries, Preston Market, Preston train station and much more.

Astute buyers can choose between one two-storey, two-bedroom apartment and two single-level, two-bedroom apartments, all of which will feature a modern kitchen with stone benchtops and stainless steel appliances, engineered timber flooring, fully-tiled bathroom, carpeted bedrooms, split-system heating and cooling and a chic open-plan living area integrating with an entertaining balcony.

So go on, add some style to your life!

Property History for 531 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
  • 16 Dec 2021
    Listed for Sale $550,000 - $600,000
  • 11 Jun 2021
    Listed for Sale $550,000 - $600,000
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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 21,593 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 61 properties listed for sale, and 36 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.