1/1 Murphy Grove, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/1 Murphy Grove
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 72m2
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Property Details for 1/1 Murphy Gr, Preston

1/1 Murphy Gr, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 72m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1970
Floor Size
62m2
Land Size
72m2
Local Government
Darebin
Lot/Plan
1/RP8689

Last Listing description (May 2019)

An appealing low maintenance package, perfectly positioned for lifestyle success just a stress free stroll from all the benefits of Northland, this single level home provides the perfect option for those looking for an affordable Preston entry point, a set and forget investment, or a chance to enjoy lock and leave living.
Timber floors and the year-round comfort of split system climate control, along with an allocated car park and a low maintenance courtyard add to the appeal of a spacious living room anchored by a kitchen featuring solid timber tops and a stainless steel cooker.
The two robed bedrooms are well served by a contemporary bathroom finished with floor to ceiling tiles and incorporating the convenience of a concealed laundry.

Comfortable now but with scope for a value adding update over time, warm inviting living awaits.

Property History for 1/1 Murphy Gr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$450,000
27 Apr 2019
Listed for Rent
$340/w
19 Sep 2017
  • 27 Apr 2019
    Sold for $450,000
  • 22 Mar 2019
    Listed for Sale Auction
  • 06 Sep 2017
    Listed for Rent $340 / week
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 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.