5 Margtmary Avenue, Preston, VIC 3072 | House for sale | OnTheHouse
FOR SALE
$1,000,000 - $1,100,000

5 Margtmary Avenue
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 307m2
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Preston living at its finest

Bathed in natural light and rich in character, this beautiful period home effortlessly combines classic charm with contemporary comfort, all whilst delivering the perfect inner-north lifestyle. Timber floors, high ceilings and period detail create an inviting ambience throughout, while three generous bedrooms offer peaceful retreats. At the heart of the home, an open-plan kitchen, dining and living with an adjoining sunroom seamlessly extends to a private courtyard, perfect for outdoor entertaining. The delightful kitchen is functional and well-appointed with modern appliances and ample storage. An updated bathroom and separate laundry enhances practicality, while split-system heating and cooling ensure year-round comfort. Added features also include window furnishings, a brick fireplace, ceiling fans and off-street parking. Perfectly positioned just moments from city-bound transport, local shopping including the Preston Market, Preston High School zone & Preston West Primary School, cafes and parklands. A rare offering where character, comfort and convenience converge - this is Preston living at its finest.
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Property Details for 5 Margtmary Ave, Preston

5 Margtmary Ave, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 307m2. The place is currently for sale with Jellis Craig Reservoir.

Building Type
House
Land Size
307m2
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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 21,617 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 69 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 901 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Colin Abbas
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Giorgio Mavrelis
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Jellis Craig Reservoir
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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.