61 Regent StreetPreston VIC 3072
Property Details for 61 Regent St, Preston
61 Regent St, Preston is a 8 bedroom, 8 bathroom House with 6 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 8 bedroom House sold in Preston in the last 12 months.
Last Listing description (January 2025)
Prime Investment Opportunity in Sought-After Location
Exceptionally rare to the market and ideally positioned just 200m (approx.) from Regent Railway Station, this remarkable 1,126 sq m (approx.) parcel of land offers a prime investment opportunity. The property features a well-maintained 2-bedroom home and seven 1-bedroom residences, all conveniently held on a single title.
For investors, this property offers strong future growth potential along with a current income stream of $141,500 per annum, with the possibility to increase to approximately $160,000 per annum in the near term. For developers, there's an exciting opportunity to subdivide (STCA), unlocking even more value.
Located just 10km from Melbourne's CBD, this prime spot offers easy access to Preston Market, local cafes and restaurants, Preston Primary School, the Western Ring Road, the Gilbert Road tram, and Edwards Lake.
* 1,126 sq m (approx.) of prime land
* Includes 2-bedroom and seven 1-bedroom homes
* Current income: $141,500 per annum
* Potential income: $160,000 per annum
* 10km to Melbourne CBD
This is a rare opportunity not to be missed!
Terms: 10% deposit, balance 30/60/90 days
Property History for 61 Regent St, Preston, VIC 3072
- 21 Oct 2024Listed for Sale $2,800,000 - $3,080,000
- 27 Jun 2018Listed for Rent $320 per week
Recent sales nearby
See more recent sales nearby/assets/perm/bzwuw7v46ii6nbz6quuccycxg4?signature=71429cfdcdca056ef81bb6a10de50304eb0cb7804f15e38de02f3d1c996f9cac){kind=logo}
0
/assets/perm/imlvmgk2rmi63nigh4d752ezfq?signature=03e5e07bd0b985cf4ee26eac4c1f023ee1e26c92f86f6e2ac518e328b4fb2bae){kind=logo}
0/assets/perm/g4jndzv5wei6nmkogggdxlmywe?signature=f35793afcc74dc1dfecc3f3e7677d91c4899bc41b7dd06a3229c607540e70f6d){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 21,610 properties. Over the last 5 years, Houses in Preston have seen a 16.08% increase in median value, while Units have seen a 10.01% increase. As at 28 February 2026:
- The median value for Houses in Preston is $1,251,239 while the median value for Units is $636,892.
- Houses have a median rent of $650 while Units have a median rent of $550.
Suburb Insights for Preston 3072
Market Insights
Preston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Preston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
