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113-115 St Georges Road, Preston$2.20m
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113-115 St Georges Road

Preston, VIC 3072, Australia
$2.10m – $2.30m

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About this property

A site that's ready when you are Positioned in a central Preston setting, this is a permit-approved development opportunity where the groundwork has already been completed. Approved plans allow for 10 well-considered residences, offering a balanced mix of two- and three-bedroom homes across single-level and double-storey designs. The scheme introduces variety and flexibility, with off-street parking for every dwelling, storage, and a mix of private courtyards and terraces that bring outdoor space naturally into the layout. Opportunities like this are increasingly hard to come by. With planning approval already secured, the project is ready to go, removing the delays, uncertainty and extended timelines. The location is exceptionally well connected, with transport at the door and the everyday appeal of amenities close at hand. It sits within easy reach of eclectic Preston Market, High Street cafés, shops, trains, schools and parks, reinforcing the ongoing demand for well-located, low-maintenance homes in this tightly held part of the inner north.

Property Details

Property Type
land
Listing Type
For Sale
Listed
1 month ago

Repayment calculator

$10,666/month
$5,333 /fortnight
Loan $1,760,000 at 6.10% over 30 years

Upfront costs

Deposit$440,000
Stamp duty$123,000
Conveyancing (est.)$2,000
Total upfront$565,000
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 land in Preston, VIC 3072 sits within reach of public transport, local shops and nearby schools. It is listed 197% above the $740,000 median of 56 comparable landswithin 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)116 m away
  • Aegean Foods183 m away
  • Asling Reserve317 m away
  • Preston City Oval343 m away
  • HP Zwar Park413 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 3 bed

Compound growth -1.4% / yr over 4 yrs

$1.08mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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