506/5 Blanch Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

506/5 Blanch Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1222m2
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Property Details for 506/5 Blanch St, Preston

506/5 Blanch St, Preston is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 1222m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
2017
Land Size
1222m2
Local Government
Darebin
Lot/Plan
506/PS732089

Last Listing description (April 2026)

Stylish, low-maintenance apartment perfectly positioned in one of Melbourne's most vibrant and well-connected pockets. Whether it's lifestyle, convenience, or connectivity you're after, this one ticks all the boxes.

Step inside and you're greeted with a light-filled, contemporary space designed for easy living. With a smart layout and quality finishes throughout, it's the perfect place to call home.

What you'll love:

Open-plan living and dining area with great natural light
Sleek kitchen with modern appliances and ample storage
Spacious bedroom(s) with built-in robes
Stylish central bathroom
Private balcony - perfect for your morning coffee or evening wind-down
Secure building with intercom access

Location highlights (this is where it shines):

Just moments from High Street Preston - buzzing with cafs, restaurants, bars & boutique shops
Walking distance to Preston Market - fresh produce, food stalls & local favourites
Close to Northland Shopping Centre for all your retail needs
Easy access to Bell & Preston Train Stations and tram routes for a smooth CBD commute
Surrounded by parks and green spaces including HP Zwar Park and Narrandjeri Stadium precinct

Everything you need is right at your doorstep - from your morning coffee run to weekend dinners and effortless commuting.

A perfect fit for anyone wanting a lifestyle-driven location without compromising on comfort.

Enquire today and come see it for yourself

Property History for 506/5 Blanch St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$356,400
05 May 2015
Listed for Rent
$475/w
08 Apr 2026
  • 08 Apr 2026
    Listed for Rent $475 / week
  • 13 Dec 2023
    Listed for Rent $450 / week
  • 10 Aug 2021
    Listed for Rent - Price not available
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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 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 21,605 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 949 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.