SOLD
RECENT ADVICE
Sold on 31 Aug 2024 for $725,000

1/22 Murphy Grove
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 258m2
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Property Details for 1/22 Murphy Gr, Preston

1/22 Murphy Gr, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 258m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
65m2
Land Size
258m2
Local Government
Darebin
Lot/Plan
1/RP2762

Last Listing description (September 2024)

Beautifully positioned in a corner spot in a quiet residential stretch in the heart of Preston, this semi-detached two-bedroom home boasts plentiful untapped potential. Filled with inspiration for those who love a transformation, this solid brick classic awaits a new lease on life.

Set behind a front garden, the home is opens up into a grand front living space, which flows through to a kitchen and dining. Further highlights of the residence include two generous bedrooms, bathroom, laundry, rear courtyard, split-system heating/cooling, and garage and driveway parking.


The great location sits in easy walking distance from all the cinemas, supermarkets, destination retail outlets and amenities of Northland, plus all the colour and culture of High Street and Preston Market. Walk to local parks and zoned Preston Primary and Preston High. And close proximity to Bell Street and Plenty Road delivers additional convenience.

Property History for 1/22 Murphy Gr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$725,000
31 Aug 2024
  • 31 Aug 2024
    Sold for $725,000
  • 06 Aug 2024
    Listed for Sale $725,000
  • 29 Nov 2019
    Transferred
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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 20,795 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 70 properties listed for sale, and 34 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 783 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.