75 Wallace St, Preston is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 601m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Expressions of Interest Closes by Wednesday 17th July at 5:00 pm
With its vast interior, first-class features and sensational entertaining spaces both inside and out, this Edwardian showpiece presents an amazing lifestyle opportunity positioned to perfection in one of Preston's premier streetscapes. Elegant and opulent, the home's expanded floorplan boasts five large bedrooms (master with dual WIRs) and dedicated study/home office, luxurious ensuite and two additional bathrooms - all with finest-quality fittings and floor-to-ceiling tiles. Versatile living zones include a separate lounge, attic-style playroom and vast open-plan living/dining area complemented by a gourmet stone-bench kitchen complete with soft-close cabinetry, marble-mosaic splashbacks, Belling oven and large butler's pantry. Other amazing highlights include zoned ducted heating/refrigerated cooling and additional wood heater (living area), comprehensive security system (alarm, CCTV and video intercom), high square-set ceilings, custom lighting, solid timber floors, extra-large laundry and excellent storage options throughout including under-house cellar. Step outside to discover a bluestone paved al-fresco entertaining area overlooking the landscaped backyard garden complete with veggie patch and established fruit trees, solar/gas heated pool and spa, poolside bathroom and undercover BBQ area with decking. Add to this an undercover balcony (from the master bedroom) with uninterrupted views from the city to the mountains, plus tandem double garage and additional single garage (both r/c) either side of the home. Gilbert Road trams at the end of the street, it's also walking distance to local buses, popular schools and Melbourne Polytechnic, as well as easy access to High Street shops and cafes, Preston Market and Preston Station. Very, very impressive!
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,611 properties. Over the last 5 years, Houses in Preston have seen a 2.00% increase in median value, while Units have seen a 7.96% increase. As at 30 June 2026:
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