14 Mutimer Street, Preston VIC 3072

Renovated Art Deco on 500sqm | 4-bed family layout | Preston High zone | 6.3 energy score | Sold prior in 2024. The property’s primary buying case rests on its rare combination of a preserved Art Deco facade with a fully modernised interior and rear extension, delivering a turnkey family home in Preston’s sought-after school zone. At 161sqm of living space on a 500sqm block with only 32% building coverage, the house offers generous rear yard potential without immediate renovation demands, a configuration that typically commands a premium from families seeking both character and low-maintenance amenity. The above-average energy efficiency score and reliable NBN connectivity further strengthen its appeal to discerning buyers who value ongoing comfort and connectivity. The most notable risk is the significant gap between the price guide and recent automated estimates, suggesting the vendor may have an aspirational reserve that could deter price-sensitive bidders. However, the prior September 2024 sale indicates recent market validation, and the absence of heritage or flood overlays provides flexibility for future modifications. The 2.2% suburb growth rate and strong rental yield potential offer a reasonable downside buffer, making this property best suited to a buyer who values immediate occupancy and school zoning over speculative capital growth.