Back 98 Gower St
Off Market

98 Gower St

Preston VIC 3072

3
1
3
581 m²
House
Last sold for $990,000
Ian DempseyIan Dempsey, last sold this property on 30 September 2025 after 14 days on market.

Overview

Endless Potential on 581sqm in Central Preston

Positioned in one of Preston's most convenient locations, this 3-bedroom home on a substantial 581sqm (approx.) allotment represents a rare chance to secure future potential in the heart of the north. With options to renovate, rebuild, or redevelop (STCA), the property appeals to first home buyers wanting space to grow, savvy investors looking to landbank, and developers ready to take advantage of the block's size and orientation. On entry, you're greeted by a light-filled living zone that sets a welcoming tone, flowing through to a separate kitchen and meals area with plenty of scope for updates. Three generous bedrooms provide comfortable accommodation and are serviced by a central bathroom, making the home immediately liveable while plans for the future are considered. The home also features a separate laundry and toilet for added convenience. The true showpiece, however, lies at the rear-an expansive north-facing garden that stretches wide and deep, creating the perfect setting for outdoor entertaining, a future pool, or a striking new residence designed to capture the sun. With so much space on offer, the possibilities are only limited by your imagination. Adding to the appeal is the home's blue-chip location. Zoned for the highly regarded Preston High School and within walking distance to Northland Shopping Centre, High Street's buzzing café and restaurant scene, the iconic Preston Market, the 86 tram, and Preston Station, every lifestyle advantage is at your fingertips. Whether it's the ease of public transport, the endless dining options, or the family-friendly amenities, this address ticks every box. For buyers with vision, 98 Gower Street is a property that offers more than just a home-it's an investment in location, land, and lifestyle. Opportunities like this are becoming increasingly rare, making this a must-see for first home buyers, investors, and developers alike.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
581 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 98 Gower St 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 98 Gower St

2025
Rented
Undisclosed
Leased on 28 Dec 2025 by Nichol Real Estate
2025
Sold
$990,000
Sold Before Auction on 30 Sep 2025 by Ian Dempsey, of Ray White Preston
2018
Rented
Undisclosed
Leased on 17 Apr 2018 by hockingstuart 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, 150 three-bedroom houses similar to 98 Gower St, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

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