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1/2 Bruce Street, Preston$625,000
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For Saletownhouse

1/2 Bruce Street

Preston, VIC 3072, Australia
$625,000
2 bed 1 bath

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About this property

Modern living in prized location. Perfectly positioned in the heart of highly sought-after Preston, this modern townhouse is tucked within a contemporary complex in a quiet setting away from the main road, while still being just moments from the vibrant shopping, dining, entertainment, and transport options of bustling High Street. Secure and private entry is provided via the ground floor, offering a separate street-level entrance. The main level showcases a spacious, air-conditioned living area filled with natural light, flowing seamlessly onto a large east-facing balcony an ideal space for outdoor entertaining or simply relaxing in the morning sun. The stylish open-plan kitchen and meals area is beautifully appointed with stone benchtops and matching splashback, modern appliances, and generous storage throughout. A sleek powder room with WC and internal laundry conveniently services this level. Upstairs, two generously sized bedrooms both feature split-system heating and cooling along with built-in robes. The main bedroom enjoys direct access to a beautifully finished fully tiled two-way bathroom, complete with a mirrored vanity, frameless shower, built-in shelving, and WC. Enjoy an exceptional lifestyle with Preston Market, ALDI, Woolworths, and an endless selection of cafés, restaurants, bars, boutiques, and specialty grocers all within a short five-minute walk. Nearby parklands including Preston City Oval and H.P. Zwar Park offer excellent outdoor recreation, while quality educational facilities such as Melbourne Polytechnic (Preston Campus), Preston South Primary School, and the highly regarded Preston High School are all close by. Conveniently located, the property also offers easy access to Northland Shopping Centre, La Trobe University, and RMIT Bundoora, while Preston Station is only a short stroll away, providing direct transport to Melbourne's CBD.

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
1 month ago

Repayment calculator

$3,030/month
$1,515 /fortnight
Loan $500,000 at 6.10% over 30 years

Upfront costs

Deposit$125,000
Stamp duty$32,570
Conveyancing (est.)$2,000
Total upfront$159,570
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Preston

This 2-bedroom townhouse in Preston, VIC 3072 sits within reach of public transport, local shops and nearby schools. It is listed 22% below the $800,000 median of 61 comparable townhouseswithin 5 km.

Schools near Preston

  • East Preston Islamic Collegecombined · Prep-12 · CoEd
  • St John's College Prestoncombined · Prep-12 · CoEd
  • Bell Primary Schoolprimary · Prep-6 · CoEd
  • Newlands Primary Schoolprimary · Prep-6 · CoEd
  • Preston Primary Schoolprimary · Prep-6 · CoEd
  • Preston South Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Preston 2 (train)501 m away
  • Anscars682 m away
  • Preston City Oval185 m away
  • Unnamed290 m away
  • G.H. Mott Reserve676 m away

Preston at a glance

Full suburb profile
Population
33,790
Median age
37
Household income
$1,844/wk
Median rent
$392/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Preston price trend

Median sold · House 2 bed

Compound growth +0.1% / yr over 4 yrs

$800kcurrent median

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Price history

Price history

Listing price changes & sale

3 price changes recorded for this property

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