SOLD
Sold on 09 Oct 2023 for $501,500

204/503 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
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Property Details for 204/503 Plenty Rd, Preston

204/503 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
68m2
Local Government
Darebin
Lot/Plan
204/PS802494

Last Listing description (October 2023)

A lifestyle of low maintenance ease and convenience is guaranteed in this stylish apartment, that is ideal for first home owners, young professionals or discerning investors. Contemporary elegance abounds in this well laid out floor plan. Upon entry you will be delighted by beautiful engineered floors that flow past a contemporary stone bathroom & euro laundry before accessing an open plan kitchen, meals and living zone with a connecting entertainers' balcony overlooking stunning City views. The stunning chef's kitchen comes equipped with contemporary appliances, ample storage and an outstanding breakfast island bench. Two spacious bedrooms include built in robes (master with private ensuite and balcony access). Added features also include split system heating/cooling, quality window furnishings, carpets and a secure undercover car space with storage cage. All of this in a blue-chip locale walking distance to local eateries/restaurants, Plenty Rd tram, Preston Train Station, Preston Market, High Street dining, parklands and much much more!

Property History for 204/503 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$501,500
09 Oct 2023
Listed for Rent
$370/w
03 May 2021
  • 09 Oct 2023
    Sold for $501,500
  • 19 Sep 2023
    Listed for Sale $470,000 - $510,000
  • 13 Mar 2021
    Listed for Rent $369 / 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 20,795 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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Alannah Savvides
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Ian Dempsey
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Ray White 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.