FOR SALE

1/492 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 82m2
Land area: 117m2
This property is currently on the 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 and was built in 2015. The property has a land size of 117m2 and floor size of 82m2.This Property is currently listed for sale with Love Real Estate - Thornbury

Building Type
Townhouse
Year Built
2015
Floor Size
82m2
Land Size
117m2
Local Government
Darebin
Lot/Plan
1/PS740233

Last Listing description (October 2024)

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

Property History for 1/492 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$532,500
03 May 2017
Listed for Rent
$430/w
07 Mar 2023
  • 01 Aug 2024
    Listed for Sale $599,000
  • 22 May 2024
    Listed for Sale $675,000
  • 16 Feb 2023
    Listed for Rent $430 / week
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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.

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.