80 May StreetPreston VIC 3072
Property Details for 80 May St, Preston
80 May St, Preston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1102m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (April 2025)
Situated at 80 May Street, Preston, this property offers a remarkable opportunity with its expansive 1102 sqm (approx.) block of land, making it an ideal candidate for potential redevelopment (STCA). Boasting an impressive 20m (approx.) frontage and extending 55m (approx.) in depth, the site provides abundant space for innovative architectural designs.
The nearby Gilbert Road tram offers seamless transport options to the city centre, while Preston Market and Preston train station ensure quick access to daily necessities and public transportation. Conveniently located near St. Raphael's Primary School, residents benefit from easy access to education facilities.
Surrounded by a vibrant neighbourhood filled with High Street shops and trendy cafes, this location epitomises modern urban living. Whether you're looking to embark on a redevelopment project, renovation or build your dream home, 80 May Street, Preston, offers a perfect blend of space, convenience, and community charm.
Property History for 80 May St, Preston, VIC 3072
- 27 Mar 2025Sold for $2,000,000
- 24 Feb 2025Listed for Sale Contact Agent
- 12 Jul 2024Listed for Sale Contact Agent
Recent sales nearby
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About Preston 3072
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 21,602 properties. Over the last 5 years, Houses in Preston have seen a 1.25% increase in median value, while Units have seen a 9.04% increase. As at 31 May 2026:
- The median value for Houses in Preston is $1,197,462 while the median value for Units is $641,823.
- Houses have a median rent of $700 while Units have a median rent of $570.
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