702/1 High Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

702/1 High Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 839m2
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Last updated 29 Dec 2025
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Property Details for 702/1 High St, Preston

702/1 High St, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 839m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2013
Floor Size
53m2
Land Size
839m2
Local Government
Darebin
Lot/Plan
702/PS713587

Last Listing description (August 2022)

This landmark building boasts great street level shops and cafes in an ideal Thornbury border location. What could be a better setting for this bright, exceptionally spacious 1 bedroom apartment?! Its generous living/dining area is a complemented by a quality open-plan contemporary kitchen and a full-width balcony with views that bring the outside in brilliantly while a dedicated study/office delivers an ideal work from home zone. The alluring double bedroom has built-in robes, its own individual balcony access and is served by a stylish, separate designer bathroom. Heating/cooling keeps everything comfortable. Secure car parking is the perfect finishing touch for a property offering fantastic first home buyer appeal as well as the prospect of reliable rental rewards and pleasing captial growth. Conveniently close to restaurants, parks, High Street tram routes and city bound trains from Thornbury station!

Property History for 702/1 High St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$390,000
18 Jul 2022
  • 18 Jul 2022
    Sold for $390,000
  • 03 Jun 2022
    Listed for Sale $395,000
  • 11 Apr 2018
    Sold for $365,000
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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 58 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 941 properties were sold in the past 12 months in Preston.

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© 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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