SOLD
Sold on 20 Apr 2024 for $716,000

8/465 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 154m2
Sold By
Nelson Alexander Reservoir
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Property Details for 8/465 Murray Rd, Preston

8/465 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 154m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
90m2
Land Size
154m2
Local Government
Darebin
Lot/Plan
8/RP3698

Last Listing description (April 2024)

Set back from the street, this impressive villa presents a terrific low-maintenance lifestyle opportunity with its well-proportioned rooms, quality features and dual outdoor areas to enjoy.

An abundance of natural light throughout, the home's pristine interior comprises two bedrooms (extra-large main) with built-in robes both serviced by a modern fully tiled bathroom with frameless shower and separate WC. Add to this a versatile front living room leading through to the kitchen/dining area complete with stainlesssteel cooking appliances and ample storge. Year-round comfort is assured with the inclusion of ducted heating, split-system a/c and ceiling fans to both bedrooms, along with solid timber floors and large internal laundry. Rounding out this package of easy-living excellence is a wide rear courtyard with undercover patio and paved entertaining area, plus the added appeal of a private front courtyard and lock-up garage.

A short stroll to Gilbert Road trams and choice of bus routes, it's also close to Coburg Hill Shopping Centre, local schools, Merri Creek trails and acres of parkland, as well as easy access to Preston Market and Preston Station.

Property History for 8/465 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$716,000
20 Apr 2024
Listed for Rent
$300/w
15 Jul 2009
  • 20 Apr 2024
    Sold for $716,000
  • 21 Mar 2024
    Listed for Sale Auction $690,000 - $725,000
  • 12 Nov 2011
    Sold for $410,000
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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 20,867 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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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.