106/501-503 Plenty Road, Preston, VIC 3072 | Apartment for sale | OnTheHouse
 
FOR SALE
$600,000 - $650,000

106/501-503 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 81m2
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WELCOME THE 'THE MODERN'

'The Modern' offers boutique apartments to please the manning crowds.
Close to eclectic cafes, designer bars and restaurants, it is only 9km from the CBD, with public transport at your doorstep. Nearby are Latrobe University, RMIT Bundoora, two Melbourne Polytechnic campuses and a plethora of schools. Nearby also is the Northland Shopping Centre and the Austin Hospital only minutes away.
Every 'The Modern' apartment has Premium 6-Star energy Efficiency rating, commercial rated double glazing windows, acoustically rated walls, floor and doors to minimise noise. The building is also equipped with Solar panels for hot water systems and common area lighting.
The bedrooms have built in robes, with carpet flooring and the living areas with timber flooring. The kitchen is fitted with quality European appliances. The building has security entry as well as secure undercover 2 parking spaces. This is the perfect unit for first home buyers, downsizers or smart investors.
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Property Details for 106/501-503 Plenty Rd, Preston

106/501-503 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 81m2. The place is currently for sale with PROPERTY SOLUTIONS ESTATE AGENTS.

Building Type
Apartment
Floor Size
81m2
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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 21,599 properties. Over the last 5 years, Houses in Preston have seen a 21.98% increase in median value, while Units have seen a 9.13% increase. As at 31 October 2025:

  • The median value for Houses in Preston is $1,229,206 while the median value for Units is $620,615.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 82 properties listed for sale, and 40 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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