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

651 High Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 202m2
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Property Details for 651 High St, Preston

Building Type
Commercial
Year Built
2009
Land Size
202m2
Local Government
Darebin
Lot/Plan
4/LP34087

Last Listing description (February 2026)

- Ideally positioned shop of 120 sqm with High Street exposure
- Rear undercover car space with roller door car access
- The property supports a broad range of potential uses, including retail, hospitality, office, and medical consulting (STCA)

- Exceptional transport amenities nearby with Regent Train Station within walking distance
- Kitchenette and toilet
- Zoned Commercial One

Rental:
$35,000 per annum, $2,916.66 per month, $673.07 per week
(Plus all Outgoings and GST)

For further information or to arrange an inspection contact:
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
or
Deacon Kalpakis 0447 337 845
deacon.kalpakis@raywhite.com


DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective tenants to make their own inquiries to verify the information contained herein.

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Property History for 651 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$585,000
24 Jun 2014
Listed for Rent
$575/w
11 Nov 2025
  • 11 Nov 2025
    Listed for Rent $30,000 / week
  • 02 Aug 2022
    Listed for Rent $310 / week
  • 01 Feb 2021
    Listed for Rent $300 / week
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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 21,625 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 79 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 959 properties were sold in the past 12 months in Preston.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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