137 Murray Road, Preston, VIC 3072 | House for sale | OnTheHouse
FOR SALE

137 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 488m2
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Space, Flexibility and Potential in a Convenient Preston Location

Set on a 488sqm allotment, this original weatherboard home offers three bedrooms, comfortable living and kitchen spaces, and recent cosmetic updates, with further scope to enhance and personalise the interiors to suit your own style. The home includes a central bathroom, separate laundry, powder room and built-in robes to two bedrooms, while split-system heating and cooling provide year-round comfort.
Outside, a generously sized backyard provides plenty of room to enjoy the outdoors, while a large shed with rear laneway access offers valuable additional storage or potential parking, adding further flexibility to the property.
Conveniently located near Preston Market, Northland Shopping Centre and the Plenty Road tram, the property is also close to High Street's cafés and restaurants.
The home is zoned for Preston Primary School and Preston High School, with a range of local parks, recreational facilities, and everyday amenities nearby.
Offering space, flexibility and potential in a convenient Preston location, this property presents an appealing opportunity for a range of buyers.

Property Details for 137 Murray Rd, Preston

137 Murray Rd, Preston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 488m2. The place is currently for sale with MCGRATH NORTHCOTE.

Building Type
House
Land Size
488m2
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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 21,895 properties. Over the last 5 years, Houses in Preston have seen a -8.66% decrease in median value, while Units have seen a 3.80% increase. As at 30 September 2026:

  • The median value for Houses in Preston is $1,148,190 while the median value for Units is $637,633.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 88 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 831 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Chris Michael
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Donato Cutinelli
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MCGRATH NORTHCOTE
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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.