Back 40 Sheila Street
Off Market

40 Sheila Street

Preston VIC 3072

3
1
1
House
Last sold for $957,500
Spiros KaragiannidisSpiros Karagiannidis, last sold this property on 14 February 2026 after 24 days on market.

Overview

A generous block in a booming family-focused locale

Enjoying classic family comfort on an extensive block, this charming home is packed with potential to enhance, extend or simply enjoy. A prime location puts you within moments of schools, parks and Northland Shopping Centre, ideal for the first home buyer or savvy investor eyeing Melbourne's north. Lovely garden frontage sets the inviting tone, entering to find a comfortable lounge with gas heater and split system. Formal dining adjoins with space to relax or entertain, while the separate spacious kitchen and meals offers more casual dining to the rear of the home. Spread out into three bedrooms, each centred on the original family bathroom with fabulous scope to modernise. A covered alfresco area sits just outside, flowing ahead to the lengthy well-kept garden with established greenery and lots of room to play with the kids or pets. There's plenty of paved space for further outdoor entertaining, plus gated side access for easy off-street parking in the driveway. This sizeable block would suit beautifully to potential additions, extensions or redeveloping the current home (Subject to Council Approval). It's an easy walk to Northland Shopping Centre for major shops and retailers, as well as multiple bus routes for convenient transport links. Stroll to local parks, playgrounds and schools with zoning for Reservoir High School and Preston North East Primary. You're close to Plenty Road trams, La Trobe University, Preston Market and all the shopping and dining of High Street, as well as the Darebin Creek Trail, train stations and main arterials for easy commuting.

Features

3 bedrooms
1 bathroom
1 carspace
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 40 Sheila Street is $1.17m.

Median value
$1.17m
Estimated value range
$691k - $1.71m
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 40 Sheila Street

2026
Sold
$957,500
Auction Sale on 14 Feb 2026 by Spiros Karagiannidis, of Nelson Alexander 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 121 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 152 three-bedroom houses similar to 40 Sheila Street, have been sold.

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

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