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Back 5 Kathleen Street
Off Market

5 Kathleen Street

Preston VIC 3072

3
2
2
534 m²
House
Last sold for $1,070,000
Sahil BhasinSahil Bhasin, last sold this property on 04 October 2025 after 26 days on market.

Overview

Renovate or Rebuild, Premium Land Holding Near Preston Market & Northland

Auction - This Saturday, 4th October - 11:00 am Sitting on a generous 534m² (approx) allotment with a 14m frontage, this original three bedroom residence is ready to be transformed. Whether you're a renovator looking to modernise and extend or a developer considering new homes or townhouses (STCA), the opportunity is undeniable. The existing home provides comfortable accommodation while you plan your project, and the level site invites creative design. What makes the property truly compelling is its lifestyle location. Preston is about 9km from Melbourne's CBD and blends old world charm with contemporary amenities. It's a suburb where fresh food shopping, arts and cafés draw locals daily. The nearby Preston Market, Melbourne's second largest fresh food market with around 120 traders offers everything from produce and deli goods to fashion. For fashion and big brand shopping, Northland Shopping Centre is only a few minutes away; it's the largest predominantly single level shopping centre in Melbourne with more than 330 stores Transport is another highlight. Trains from Bell and Preston stations, trams on Routes 86 and 11, and a network of buses make getting around effortless. The Mernda rail line provides a direct city link, while major roads connect to the airport in about 25 minutes. For recreation, locals enjoy walks along the Darebin Creek Trail, picnics in the Darebin Parklands' natural bushland and the shared walking/cycle paths through nearby streets. High Street's eclectic dining scene ranges from budget friendly eateries to sophisticated restaurants and vibrant cafés, while a thriving arts and music community adds further colour to the neighbourhood. If you're seeking a project site or a family home you can make your own, 5 Kathleen Street combines generous land with first class amenity, a rare opportunity in one of Melbourne's most dynamic suburbs. Contact Sahil Bhasin 0403 630 215

Features

3 bedrooms
2 bathrooms
2 carspaces
534 m² lot size
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 5 Kathleen 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 5 Kathleen Street

2025
Sold
$1,070,000
Auction Sale on 04 Oct 2025 by Sahil Bhasin, of Bricks and Mortar RE

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, 150 three-bedroom houses similar to 5 Kathleen Street, have been sold.

This represents a 24% increase in three-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 79 local sales and collected 26 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  26 Reviews in Preston
  •  79 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   (492 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, well-prepared, pleasant, local expert and honest

  •   4.9   (152 reviews)
  •  16 Reviews in Preston
  •  19 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   (47 reviews)
  •  7 Reviews in Preston
  •  17 Sales in Preston
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