30 Marjorie Street, Preston VIC 3072
30 Marjorie Street, Preston VIC 3072
3 bed | 1 bath | 478m² block | 3 car spaces | solar panels | school-zoned
This house is competitively positioned for its combination of land size and parking provision on an established suburban street. The 478m² block supports a 230m² building with 48% site coverage and a 6m roof height, offering a footprint that is larger than typical inner-northern house stock. The inclusion of a carport and two garage spaces, along with solar panels, makes it well-suited for a family buyer or owner-occupier seeking detached living with room for vehicles and energy efficiency. Its zoning to Preston North East Primary, Preston High School, and Northern College of the Arts and Technology adds to its appeal for households prioritising school access.
The 3-bedroom, 1-bathroom configuration may be a constraint for buyers who require additional bathroom space, especially given the land size. The single bathroom could affect perceived value relative to properties with two bathrooms, even though the block offers potential for future extension or renovation. The absence of detailed interior finish information means the condition of the house remains an unknown factor that might influence final pricing. Buyers should weigh these elements when forming their own view on the property’s worth.
Detailed Independent Property Report prepared by PropCred Analyst team for 30 Marjorie Street, Preston VIC 3072
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Insight: Preston VIC 3072
Preston is a well-established, family-oriented suburb with strong professional demographics and excellent connectivity to Melbourne’s CBD, underpinning steady demand. The market is primarily driven by owner-occupying families, reflected in robust house sales and stable capital values, while the unit segment presents a more varied performance. Recent conditions show houses transacting efficiently, supported by rental growth, though modest price appreciation and divergent unit trends indicate sensitivity to broader economic factors. Future appeal is anchored in its infrastructure and established character, with the key constraint being the softer performance of the apartment market.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
478m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst