86 Wallace Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

86 Wallace Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 247m2
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Property Details for 86 Wallace St, Preston

86 Wallace St, Preston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 247m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Townhouse
Land Size
247m2
Local Government
Darebin
Lot/Plan
3/PS712880

Last Listing description (November 2018)

Positioned to perfection in one of West Preston's premier streetscapes, this two-storey home delivers a family environment of low-maintenance luxury with its intelligent design, quality features throughout and deep landscaped allotment. Beyond the distinctive rendered facade, discover a light-filled interior comprising a large upstairs master bedroom with city-skyline views and semi-ensuite bathroom, two additional bedrooms and second bathroom. Versatile living zones include an elegant lounge, rumpus/retreat and open-plan living/dining area accompanied by a well-appointed kitchen with breakfast bar, stainless steel cooking appliances and Bosch dishwasher. Other highlights of the home include ducted heating/refrigerated cooling, alarm system, solid hardwood floors, full-size laundry, robes in all bedrooms and internally-accessed garage (remote-controlled). Add to this a front balcony plus sensational north-facing backyard complete with paved entertaining area, gorgeous garden surrounds and high fences for added privacy. 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 impressive!

Property History for 86 Wallace St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,050,000
13 Nov 2018
  • 13 Nov 2018
    Sold for $1,050,000
  • 31 Oct 2018
    Listed for Sale $970,000 - $1,040,000
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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 21,615 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.
There are currently 68 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
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.