Back 37 Showers Street
Off Market

37 Showers Street

Preston VIC 3072

2
1
1
334 m²
House
Last sold for $925,000
Loretta KhooLoretta Khoo, last sold this property on 21 February 2026 after 24 days on market.

Overview

Renovate or Prime Redevelopment Opportunity (STCA)

Positioned in Central-West Preston and south of Bell Street, this original two-bedroom home presents an exceptional opportunity for renovators, builders, or developers looking to capitalise on location, land, and zoning flexibility. Set on an allotment of approximately 334sqm and accessed via rear right-of-way to a single lock-up garage, the property offers outstanding potential for a full renovation or knockdown rebuild (STCA). The existing dwelling comprises two bedrooms, one bathroom, and basic living spaces, providing a blank canvas for those with vision. While the home requires a complete renovation, the true value lies in the land and its advantageous Darebin Housing Choice and Transport Zone designation. This zoning encourages diverse housing outcomes and increased density close to public transport and key activity centres, offering exciting scope for a contemporary townhouse or multi-dwelling development, subject to council approval. Enjoy unbeatable convenience just moments from the vibrant High Street café and shopping strip, Preston Market, and Northland Shopping Centre. Excellent public transport options are close by, including tram services, Preston Train Station, and multiple bus routes along Bell Street, ensuring easy access to the CBD and surrounding suburbs. Nearby parks, schools, and local amenities further enhance the lifestyle appeal. Whether you're looking to restore, rebuild, or redevelop, this is a rare opportunity to secure a well-located parcel of land in one of Preston's most in-demand growth pockets. Opportunities like this are increasingly rare-inspect and explore the potential today.

Features

2 bedrooms
1 bathroom
1 carspace
334 m² lot size
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 37 Showers Street is $1.01m.

Median value
$1.01m
Estimated value range
$771k - $1.61m
Median days on market
25
Estimated value trend
0%
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 37 Showers Street

2026
Sold
$925,000
Auction Sale on 21 Feb 2026 by Loretta Khoo, of RT Edgar Northside

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 121 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom houses in Preston

In the last 12 months, 43 two-bedroom houses similar to 37 Showers Street, have been sold.

This represents a 23% increase in two-bedroom houses sales when compared to the previous 12 months.

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