SOLD
Sold on 06 Apr 2024 for $780,000

1/465 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 253m2
Sold By
Miles Real Estate
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Property Details for 1/465 Murray Rd, Preston

1/465 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 253m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
90m2
Land Size
253m2
Local Government
Darebin
Lot/Plan
1/RP3698

Last Listing description (April 2024)

SOLD by Miles Real Estate. Deep green garden frontage complements the abundance of outdoor space on title and huge house-like proportions of this superbly updated villa unit in a perfectly pivotal lifestyle location. A size surprise from every perspective with a sense of independence buyers are going to love, this extra-spacious two bedroom home is a low-maintenance, inner-city standout that's absolutely ideal for a sensational indoor-outdoor lifestyle. A large brick-walled alfresco terrace and a secluded rear courtyard garden that's big by any measure embrace the impressive single-level setting of a fabulous light-filled interior. Ducted heating, evaporative cooling, stylish flooring and expansive windows add to the immediate appeal as an entrance hallway extends to an oversized main bedroom and a second double bedroom, both with built-in robes. Enhanced by a chic contemporary vanity unit, a central bathroom includes a separate bathtub and a shower while further is a full-size laundry plus a separate toilet. Streams of natural light fill the desirable dimensions of both the living room and the north-facing dining room that seamlessly adjoins a modernized kitchen featuring a freestanding stainless-steel stove and ample timber benchtop space. Bigger is most definitely better when it comes to relaxed living and easy entertaining with this instantly inviting unit also boasting an extra-wide double remote-control garage. Convenience is king here for active inner-city dwellers as just close by are Gilbert Road trams, the 527 bus route, Preston train station, extensive parkland, Merri Creek Trail, cafes, High Street shopping, Preston Market, Northland, Pentridge cinema complex, schools and Melbourne Polytechnic.

Property History for 1/465 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$780,000
06 Apr 2024
  • 06 Apr 2024
    Sold for $780,000
  • 12 Mar 2024
    Listed for Sale Not Disclosed
  • 30 Jun 2018
    Sold for $643,000
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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 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 776 properties were sold in the past 12 months in Preston.

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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.