48 Malpas Street, Preston, VIC 3072 | House for rent | OnTheHouse
 
FOR RENT
$880 per week

48 Malpas Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 534m2
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Available From
Wednesday 30 September 2026| Bond $3,823
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BIG BACKYARD, GREAT COFFEE AND AMENITIES AT YOUR DOOR STEP

Welcome to 48 Malpas Street - a beautifully renovated home that delivers something increasingly hard to find in Melbourne's inner north: genuine space without giving up the lifestyle.
Set in one of Preston's established residential pockets, this is a home for those who want to be close to the action, while still having somewhere to retreat to at the end of the day.
Inside, the home has been thoughtfully renovated and offers three well-proportioned bedrooms, a comfortable living area and a modern kitchen and bathroom.
But the real standout is outside.
Step through to a large, level and secure north-facing backyard - private, sun-filled and spacious. It's the kind of backyard that's increasingly rare this close to Melbourne: somewhere to entertain, unwind, enjoy a morning coffee or simply have room to breathe.
Then there's the location.
Great coffee. Tram. Shopping. Parkland. All close by.
With a park and children's playground approximately 150m from your front door, easy access to tram services, local cafés and major shopping, you can leave the car at home and enjoy the best of Preston on foot.
And when you do need the car, you've got something increasingly valuable in the inner north - off-street parking and a large tandem garage, providing secure parking and plenty of storage.
THE HIGHLIGHTS
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Property Details for 48 Malpas St, Preston

48 Malpas St, Preston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 534m2. The place is currently for rent with Ray White Reservoir.

Building Type
House
Land Size
534m2
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% 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 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,619 properties. Over the last 5 years, Houses in Preston have seen a -1.16% decrease in median value, while Units have seen a 7.18% increase. As at 31 July 2026:

  • The median value for Houses in Preston is $1,185,725 while the median value for Units is $645,689.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 71 properties listed for sale, and 54 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 904 properties were sold in the past 12 months in Preston.

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Matthew Materazzo
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Ray White Reservoir
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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