Unit 1, 172 ALBERT STREET Preston VIC 3072
This property is Off Market
- The Average property price in this area is $1,129,083, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 11.46 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Preston - East
With an average age of 39, households expect an average monthly mortgage payment of $1,982 or a weekly rent payment of $322. The average family earns a weekly income of $1,578 with a typical household size of 2.2 and a 90.2% employment rate.
Consistent high demand relative to supply is a key feature in Preston driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Preston are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Preston classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Preston requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Stop 45: Bell Street
Stop 49: Murray Road
Stop 45: Bell Street
Stop 47: David Street
Stop 47: David Street
Stop 48: Gower Street
Stop 48: Gower Street
Stop 49: Murray Road
Stop 49: Murray Road
Stop 49: Murray Road
General Points of Interest
Hall's Taekwondo Centre
Green Acres Golf Club
Macedon Plaza
Trinity College
Melbourne Cricket Ground
Pentridge Prison Main Gate
YMCA Macleod Recreation and Fitness Centre
West Brunswick Tennis Club
Royal Park Tennis Club
Boroondara Tennis Centre
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 2061 asthma sufferers and 1054 people living with diabetes. In addition, 905 people have a heart/vascular condition and 1899 people live with three or more chronic diseases.A good place to invest in property?
Preston - East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
53 / 100
52 / 100
Industry
34 / 100
17 / 100
Population
68 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
42 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsPreston North East Primary School Reservoir High School Northern College of the Arts and Technology
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Preston Primary School
Preston, VIC, 3072 State Prep-6 -
East Preston Islamic College
Preston, VIC, 3072 Independent Prep-12 -
Sacred Heart School
Preston, VIC, 3072 Independent Prep-6 -
Holy Name School
Reservoir, VIC, 3073 Independent Prep-6 -
Preston North East Primary School
Preston, VIC, 3072 State Prep-6 -
Reservoir High School
Reservoir, VIC, 3073 State 7-12 -
Northern College of the Arts and Technology
Preston, VIC, 3072 State 10-12 -
Preston South Primary School
Preston, VIC, 3072 State Prep-6 -
Reservoir East Primary School
Reservoir, VIC, 3073 State Prep-6
Property Story
Unit 1, 172 Albert Street, Preston, Vic, 3072 is a residential property . The estimated distance to the sea is 11.46km and at least 4.14KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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