FOR SALE
$599,000

1/492 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Beautifully presented and close to the train

In a first-class location at the heart of Preston's renowned shopping and entertainment precinct, this two bedroom two bathroom townhouse promises the best in modern low-maintenance living. Quality appointed with a popular reverse floorplan, this home maximises space and light in an open plan living domain that extends to a lofty balcony and showcases a sleek stone topped kitchen. With each bedroom complemented by a modern bathroom and Preston Station and High Street a short stroll away, inspection will impress.
• 10 min walk to Preston Market & Preston Station
• 2 min walk to Childcare and Primary School
• First in a modern complex of five boutique townhouses
• Bamboo floors line a sundrenched open plan living domain
• Stone counters and s/steel appliances in a modern kitchen
• Designer bathrooms complement bedrooms with built-in robes
• Double glazing, panel heating, split system and car space
• Walk to Gilbert Road trams, High Street and Preston Market
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Property Details for 1/492 Murray Rd, Preston

1/492 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Love Real Estate - Thornbury.

Building Type
Townhouse

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation. In 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Eric Brown
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Theo Angelopoulos
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Love Real Estate - Thornbury
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.