Back 1/98 Cramer Street
Off Market

1/98 Cramer Street

Preston VIC 3072

2
1
1
76 m²
129 m²
Unit
Last sold for $631,000
Josie GalatiJosie Galati, last sold this property on 15 September 2023 after 25 days on market.

Overview

A Golden Opportunity Beckons!

Step into the world of possibilities with this captivating retro 2-bedroom unit on a corner block. Calling all first home buyers, investors, and renovators – this gem is tailor-made for you. Embrace the charm of two bedrooms adorned with built-in robes and polished timber floorboards that whisper stories of timeless elegance. Imagine lounging in a cozy space featuring a split system for perfect temperatures year-round. For those with a creative touch, the original kitchen/meals area is a canvas ready for your vision. Dream up your ideal culinary haven and transform it into a masterpiece. Investors, envision the potential rental yield from this prime location – just a stone's throw away from Gilbert Road Tram, Preston Market, schools, and tranquil parklands. And for the renovators, let your imagination run wild as you breathe new life into this classic canvas. With a private north-facing courtyard and undercover off-street parking (currently a treasure trove of storage possibilities), this unit is more than a home – it's a chance to create, invest, and shape your future. Seize the opportunity today and let your journey begin!

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
76 m² floor area
129 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Preston over the last 12 months, the estimated median property value of 1/98 Cramer Street is $692.5k.

Median value
$692.5k
Estimated value range
$390k - $880k
Median days on market
24
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Preston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/98 Cramer Street

2024
Rented
Undisclosed
Leased on 20 Feb 2024 by hockingstuart Preston
2024
Rented
Undisclosed
Leased on 15 Feb 2024 by hockingstuart Preston
2023
Sold
$631,000
15 Sep 2023 by Josie Galati, of hockingstuart Preston

Happy sellers in Preston

93%
93% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 109 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom units in Preston

In the last 12 months, 9 two-bedroom units similar to 1/98 Cramer Street, have been sold.

This represents a 53% increase in two-bedroom units sales when compared to the previous 12 months.

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