Back 40 Penola Street
Off Market

40 Penola Street

Preston VIC 3072

5
3
1
House
Last sold for $1,540,000
Colin AbbasColin Abbas, last sold this property on 28 June 2025 after 24 days on market.

Overview

Classic Meets Custom Elegance

A striking showcase of bespoke design, this sophisticated five bedroom, three bathroom period home has been architecturally designed by Ben Callery Architect for contemporary living, offering bright spaces, quality finishes and resort-style entertaining. Semi-detached, the quintessential brick façade evokes a sense of nostalgia, while inside, the spacious conversion is flooded with north-facing sunlight. Stylish floorboards and radiant clerestory windows enhance the open family/dining domain, as the gourmet kitchen is well-appointed with premium Miele/Bosch appliances, a standalone island, double sink and abundant soft-close cabinetry. Outside, the relaxed deck overlooks a glistening pool surrounded by an established garden bed, providing the perfect setting for summertime soirées and intimate gatherings. There is also a utility shed, solar panels, rainwater tank and rear pedestrian ROW. What's more, robed bedrooms accompany the sparkling central bathrooms, one of which features a luxurious soaker tub. The master bedroom is further complemented by a private ensuite, integrated dressing table and workstation with a window bench seat. Additional highlights include hydronic heating, split system units, hallway storage, a discreet European laundry and driveway off-street parking. Ideally zoned to Preston High School, with quick access to lively High Street eateries/shops, Ray Bramham Gardens, Bell Station, bus routes and iconic Preston Market. Only 8.5km approx. to the CBD, it ensures a lifestyle of convenience and vibrancy any day of the week.

Features

5 bedrooms
3 bathrooms
1 carspace
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 40 Penola Street is $1.5m.

Median value
$1.5m
Estimated value range
$925k - $2.43m
Median days on market
45
Estimated value trend
-18%
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 40 Penola Street

2025
Sold
$1,540,000
Auction Sale on 28 Jun 2025 by Colin Abbas, of Jellis Craig Reservoir
2011
Sold
$482,250
Private Sale/Treaty on 02 Apr 2011

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 5 bedroom houses in Preston

In the last 12 months, 14 five-bedroom houses similar to 40 Penola Street, have been sold.

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