5/534 Plenty Road, Preston, VIC 3072 | Townhouse for sale | OnTheHouse
 
FOR SALE
AUCTION $660,000 - $720,000

5/534 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Auction Time
Sat 24 Oct 10:00 am
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No upcoming inspections scheduled.
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The Last on the Block, First in Privacy

An excellent opportunity awaits in a convenient Preston setting, where this privately positioned double-storey residence offers a practical combination of space, privacy, security and low-maintenance living. Positioned as the final unit on the block, the home provides a sense of separation and privacy that is increasingly sought after.
Set across two levels, the home provides a functional layout designed to offer comfortable everyday living while making the most of its private position. With two bedrooms, a dedicated study space, central bathroom, separate additional toilet and single garage, the property presents an appealing opportunity for first-home buyers, couples, downsizers and investors seeking a well-positioned residence in an established location.
The double-storey design provides a natural separation between the living and sleeping zones, creating a practical home that offers flexibility and comfortable accommodation. The two bedrooms are complemented by a dedicated study space, providing a practical area for working from home, studying or managing everyday tasks. A private outdoor courtyard provides a quiet space to enjoy some fresh air or entertain, while the central bathroom and additional toilet add convenience for residents and guests. The single garage provides secure off-street parking and valuable additional storage.
One of the property's standout features is its position as the last residence on the block. With no other properties beyond it, the home benefits from an enhanced sense of privacy and security, creating a more secluded environment than many comparable units. This unique positioning adds to the overall appeal and provides buyers with an important point of difference.
For first-home buyers, the property provides an opportunity to secure a low-maintenance residence in a well-connected location, with the added benefit of a layout that offers more separation than a traditional single-level unit. The dedicated study space further enhances its functionality, providing valuable flexibility for today's work-from-home and study requirements.
For downsizers, the manageable accommodation, study space and secure garage provide practicality without compromising on privacy, while investors will appreciate the property's established location and broad appeal to prospective tenants.
The double-storey configuration also makes the residence particularly appealing to those looking for a home that feels distinct from a typical unit. With the bedrooms positioned separately from the main living areas and the added flexibility of a dedicated study space, the layout provides a comfortable sense of space and privacy while remaining easy to maintain.
Situated along Plenty Road in Preston, the property is conveniently located close to a wide range of local amenities, including shops, cafes, schools, public transport, parks and major road connections. With the many lifestyle and everyday conveniences of Preston within easy reach, the location provides an ideal balance of accessibility and established suburban living.
Whether you're looking for your first home, a practical residence with work-from-home flexibility, or an addition to your investment portfolio, 5/534 Plenty Road presents an opportunity to secure a private and well-positioned residence with a point of difference that is difficult to replicate.
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Property Details for 5/534 Plenty Rd, Preston

5/534 Plenty Rd, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Ray White Preston.

Building Type
Townhouse
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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 21,892 properties. Over the last 5 years, Houses in Preston have seen a -5.51% decrease in median value, while Units have seen a 4.03% increase. As at 31 August 2026:

  • The median value for Houses in Preston is $1,149,338 while the median value for Units is $635,800.
  • Houses have a median rent of $700 while Units have a median rent of $590.
There are currently 71 properties listed for sale, and 54 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 852 properties were sold in the past 12 months in Preston.

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Ian Dempsey
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Anthony Pasinetti
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Ray White Preston
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