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.
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!
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 21,619 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
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