Back 3/49 Austral Avenue
Off Market

3/49 Austral Avenue

Preston VIC 3072

1
1
1
Apartment
Last sold for $331,000
Jared PetersJared Peters, last sold this property on 22 July 2026 after 14 days on market.

Overview

COMPACT BY DESIGN, CENTRAL BY NATURE

Private Tender Closing Date: 8th of August at 5:00pm Tucked away on a quiet street at the rear of a tree-softened and well-maintained block, this ground floor unit offers a calm, private start away from passing traffic, while still placing Preston's shops and transport within easy reach. North-facing light floods both the living area and bedroom, giving the home a naturally warm, inviting feel that suits first home buyers, investors and professionals after a low-maintenance foothold in a well-connected pocket of the inner north. Inside, picture slow mornings with sunlight pouring through the living room windows, a quick coffee at the open living and meals area finished with timber-toned flooring and warmed by a wall-mounted heater, creating a comfortable everyday space that flows into a functional kitchen. In there, an electric stovetop and Euro oven sit beneath a white tile splashback, with a white vinyl benchtop providing a practical, easy-clean surface for everyday cooking. The generous bedroom captures the same north-facing light and is fitted with a large mirrored built-in robe, offering practical storage that's often hard to find in apartments of this scale. It's serviced by a private ensuite featuring a large shower and floor-to-ceiling tiles, wrapping the space in a clean, low-maintenance finish. A dedicated carspace at the rear of the block adds valuable everyday convenience, while the property's position on a quiet suburban street offers a peaceful setting away from passing traffic. Location-wise, this apartment is well placed for everyday life, with Bell Street and the High Street shopping strip nearby, including Preston Market's fresh food traders and the Woolworths and Aldi supermarkets close by within a short drive. A comfortable walk to Bell Primary School on Oakover Road serves the area for families, while Preston and Bell railway stations on the Mernda line, along with the route 86 tram, offer multiple options for commuting into the CBD. Key Features: North-facing living area and bedroom Large built-in robe and private ensuite Electric stovetop and Euro oven kitchen Dedicated carspace Moments to Preston Market, High St shops and Mernda line trains Combining a bright, low-maintenance layout with an unbeatable position close to Preston's shops, market and train lines, 3/49 Austral Avenue presents a smart opportunity for buyers wanting simplicity without compromising on convenience.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Preston over the last 12 months, the estimated median property value of 3/49 Austral Avenue is $390.5k.

Median value
$390.5k
Estimated value range
$320k - $535.59k
Median days on market
31
Estimated value trend
6%
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 3/49 Austral Avenue

2026
Sold
$331,000
Private Sale/Treaty on 22 Jul 2026 by Jared Peters, of Precise Property Management
2019
Rented
Undisclosed
Leased on 24 Jul 2019 by Woodards Carlton
2015
Sold
$240,000
Private Sale/Treaty on 01 May 2015 by Sam Abboud, of Woodards Carlton

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 1 bedroom apartments in Preston

In the last 12 months, 70 one-bedroom apartments similar to 3/49 Austral Avenue, have been sold.

This represents a 40% increase in one-bedroom apartments sales when compared to the previous 12 months.

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