OFF MARKET

101/503 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 75m2
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Property Details for 101/503 Plenty Rd, Preston

101/503 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2019
Floor Size
75m2
Local Government
Darebin
Lot/Plan
101/PS802494

Last Listing description (September 2024)

In 'The MODERN', a stylish, ideally situated building designed to deliver exceptional modern luxury, this inviting apartment features a generous living/dining area accompanied by a quality open-plan kitchen while the main bedroom with a built-in robe and an elegant ensuite reflects the refinement of the 2 bedroom, 2 bathroom design.

Heating/cooling, great balcony entertaining, allocated car parking and a storage cage add to the attraction of a landmark address enhanced by its 6 star energy rating and environmental awareness just moments from the number 86 tram, Preston Market and the High Street vibe.

Memorable as a residence, rewarding as an investment, the MODERN is clearly ahead of its time today - and destined to remain that way far into a Preston future that's entirely positive!

Property History for 101/503 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$550,000
10 Mar 2020
  • 09 Aug 2024
    Listed for Sale $550,000
  • 10 Mar 2020
    Sold for $550,000
  • 02 Sep 2019
    Listed for Sale $580,250

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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 20,861 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 755 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.