Back 1 Townhall Ave
Off Market

1 Townhall Ave

Preston VIC 3072

3
1
2
House
Last sold for $900,000
Andrew MontaltoAndrew Montalto, last sold this property on 04 June 2026 after 6 days on market.

Overview

Untapped potential in a prime pocket

Footsteps from the tram on Plenty Road, a local convenience store, kinder and childcare, and with all the shopping and culinary offerings of High Street, the iconic Preston Market, and Preston Station within a short walk, this perfectly positioned, character-filled home presents a rare opportunity to secure an original classic, ready for a total transformation. Brimming with possibility, retained period character, including a return veranda, high ceilings, decorative fretwork, leadlight-style glazing, ornate cornices, deep skirting boards and striking fireplaces, enhances a blank canvas for those looking to renovate or completely reconfigure (STCA). Valuable rear laneway access, a highly sought-after feature, opens the door to a creative redesign and future value-adding enhancement. In a location defined by convenience and growth, this is an exceptional opportunity to capitalise on both position and potential in a dynamic precinct.

Features

3 bedrooms
1 bathroom
2 carspaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 1 Townhall Ave is $1.18m.

Median value
$1.18m
Estimated value range
$680k - $1.98m
Median days on market
25
Estimated value trend
2%
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 Townhall Ave

2026
Sold
$900,000
Auction Sale on 04 Jun 2026 by Andrew Montalto, of Nelson Alexander Preston
2018
Rented
Undisclosed
Leased on 17 Apr 2018 by hockingstuart Preston

Happy sellers in Preston

95%
95% 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 116 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 161 three-bedroom houses similar to 1 Townhall Ave, have been sold.

This represents a 10% increase in three-bedroom houses sales when compared to the previous 12 months.

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