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Back 20 Victoria Street
Off Market

20 Victoria Street

Preston VIC 3072

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1
2
House
Ian DempseyIan Dempsey, last sold this property on 31 July 2026 after 24 days on market.

Overview

Prime corner block on the Thornbury Fringe

Positioned on a highly sought-after corner allotment in one of Preston's most desirable pockets south of Bell Street, this is an outstanding opportunity to secure a premium landholding in a location that continues to experience strong buyer demand and long-term growth. Whether you're dreaming of designing and building your forever home, creating a luxurious family residence or capitalising on the site's development potential (STCA), the possibilities here are as exciting as the location itself. With its valuable corner position offering outstanding flexibility for future plans, this is the type of opportunity that rarely becomes available in such an established inner-northern neighbourhood. The existing residence comprises two bedrooms, a central bathroom, separate living area, functional kitchen and meals area, along with a detached study and shed. While the home remains on the site, the true appeal lies in the exceptional landholding and the exciting scope to create something truly special. Location is undoubtedly one of this property's greatest assets. Enjoy the convenience of living just moments from Preston Market, High Street's renowned café and dining precinct, local shopping, quality primary and secondary schools, parklands and recreational facilities. Families will also appreciate the property's zoning for the highly regarded Thornbury High School, adding further long-term appeal. Public transport is easily accessible with Bell Station and Plenty Road trams nearby, while excellent road connections provide a straightforward commute to Melbourne's CBD. Preston continues to be one of Melbourne's most tightly held and rapidly evolving suburbs, attracting families, professionals, developers and investors alike thanks to its vibrant lifestyle, outstanding amenity and consistent capital growth. Opportunities to secure a corner block in this blue-chip pocket are becoming increasingly scarce, making this an investment in both your future and one of the city's most desirable locations. Whether you're looking to build your dream home, undertake a boutique development (STCA), expand your investment portfolio or secure a significant landholding in a premium location, this exceptional property presents endless possibilities.

Features

2 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 20 Victoria Street is $1.02m.

Median value
$1.02m
Estimated value range
$665k - $1.55m
Median days on market
25
Estimated value trend
-2%
decrease 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 20 Victoria Street

2026
Sold
Undisclosed
31 Jul 2026 by Ian Dempsey, of Ray White 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 111 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom houses in Preston

In the last 12 months, 44 two-bedroom houses similar to 20 Victoria Street, have been sold.

This represents a 14% increase in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Preston

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Sahil Bhasin

Sahil Bhasin is an award winning recommended agent for Preston.  They have 66 local sales and collected 26 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  26 Reviews in Preston
  •  66 Sales in Preston
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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Preston.  They have 48 local sales and collected 23 local reviews across the last 12 months.

  •   4.9   (504 reviews)
  •  23 Reviews in Preston
  •  48 Sales in Preston
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Josie Galati

Sellers who recommend Josie Galati have praised them for being clear communication, supportive, responsive, local expert, well-prepared, pleasant and honest

  •   4.9   (155 reviews)
  •  9 Reviews in Preston
  •  11 Sales in Preston
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George Gimelli

George Gimelli is a recommended agent for Preston.  They have 17 local sales and collected 7 local reviews across the last 12 months.

  •   5   (56 reviews)
  •  7 Reviews in Preston
  •  17 Sales in Preston
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