1/405 Murray Rd, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Unit sold in Preston in the last 12 months.
Positioned at the front of the block, this one-bedroom residence presents a fantastic opportunity for those ready to renovate and add value. The light-filled open-plan living and dining area is serviced by a neat kitchen, while the bedroom is generously sized and complemented by a central bathroom. Secure off-street parking and a private courtyard add further appeal.Perfectly located just moments from Preston Market, Plenty Road trams, bus services, and a wide selection of cafes, restaurants, and shops, this home offers incredible potential for first home buyers, downsizers, or investors willing to renovate and capitalise on its sought-after position.PHOTO ID REQUIREDDue diligence checklist - consumer.vic.gov.au/duediligencechecklistPrivacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policyMaterial Facts - please refer to the contract of sale and vendor statement for material facts.Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
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 21,622 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
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