SOLD
Sold on 28 Jul 2024 for $1,100,000

198 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 139m2
Land area: 398m2
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Property Details for 198 Murray Rd, Preston

198 Murray Rd, Preston is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 398m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
139m2
Land Size
398m2
Local Government
Darebin
Lot/Plan
48~A/LP2213

Property History for 198 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,100,000
28 Jul 2024
  • 28 Jul 2024
    Sold for $1,100,000
  • 27 Apr 2005
    Sold for $265,000

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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 20,868 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 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in Preston.

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