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Sold on 20 Jul 2024 - Price Unavailable

5/1 Murphy Grove
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 72m2
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Property Details for 5/1 Murphy Gr, Preston

5/1 Murphy Gr, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Land Size
72m2
Local Government
Darebin
Lot/Plan
5/RP8689

Last Listing description (July 2024)

Welcome to 5/1 Murphy Grove, Preston. A delightful two bedroom, one bathroom unit perfect for both homeowners and investors alike. Nestled in a highly sought-after pocket of Preston, this property offers an ideal blend of modern comfort and convenient living. With its low maintenance living and quick access to all amenities it's definitely one to not miss.

Step inside to discover a stylish interior featuring hybrid flooring throughout, offering a seamless flow and easy maintenance. The recently renovated bathroom and kitchen stand out with their contemporary finishes. The kitchen, equipped with modern appliances, and sleek countertops, is perfect for preparing your favorite meals. The living and dining area provides a comfortable space to relax and entertain, while the two good sized bedrooms offer plenty of natural light and space. The renovated bathroom boasts space and convenience. Outside, you'll find a designated car spot, ensuring your vehicle is always secure.

The property's location is unbeatable, with easy access to local shops, cafes, restaurants, and public transport options. Preston Market and High Street's vibrant dining and shopping precinct are just moments away, providing endless opportunities for entertainment and leisure. Whether you're looking for your first home, downsizing, or seeking a smart investment, 5/1 Murphy Grove has it all. Don't miss this opportunity to secure a charming, low maintenance property in one of Preston's most desirable areas.

Land size: 72m2 approx.
Deposit: 10% of the purchase price
Settlement preference: 30 60 90 days
Rental assessment: $480-$520 per week

Property History for 5/1 Murphy Gr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
20 Jul 2024
Listed for Rent
$300/w
06 Jan 2022
  • 20 Jul 2024
    Sold for $490,000
  • 24 Jun 2024
    Listed for Sale $440,000 - $490,000
  • 29 Oct 2021
    Listed for Rent $300 / 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 20,867 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, 768 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Domenic Torzillo
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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.