83 Wallace StreetPreston VIC 3072
Property Details for 83 Wallace St, Preston
83 Wallace St, Preston is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 553m2 and floor size of 369m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
Last Listing description (September 2013)
Desirable Potential in Elevated Locale
A West Preston classic ready for a new lease on life with potential for magnificent city views. One of the areas most elevated positions; capitalise on this superb site with 15m frontage to Wallace Street and transform this freestanding timber home just minutes from Gilbert Road trams, shopping, schools and NMIT. Set on a deep 544m2 allotment (approx), this period home awaits restoration to its glory days, complete renovation or new home Subject To Council Approval. Offers entry hallway, high ceilings, three bedrooms, sitting room, large bathroom, kitchen with walk-in pantry, family room, laundry, deep backyard and side driveway with lock up garage. Realise the significant and rare opportunity in this very desirable location.
Property History for 83 Wallace St, Preston, VIC 3072
- 14 Sep 2013Sold for $675,000
- 20 Aug 2013Listed for Sale $500,000 TO $550,000
- 05 Dec 2012Listed for Rent - Price not available
Recent sales nearby
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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 21,613 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:
- The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
- Houses have a median rent of $695 while Units have a median rent of $550.
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