1/492 Murray RoadPreston VIC 3072
Property Details for 1/492 Murray Rd, Preston
1/492 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 103m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (October 2025)
In a first-class location at the heart of Preston's renowned shopping and entertainment precinct, this two bedroom two bathroom townhouse promises the best in modern low-maintenance living. Quality appointed with a popular reverse floorplan, this home maximises space and light in an open plan living domain that extends to a lofty balcony and showcases a sleek stone topped kitchen. With each bedroom complemented by a modern bathroom and Preston Station and High Street a short stroll away, inspection will impress.
10 min walk to Preston Market & Preston Station
2 min walk to Childcare and Primary School
Bamboo floors line a sundrenched open plan living domain
Stone counters and s/steel appliances in a modern kitchen
Designer bathrooms complement bedrooms with built-in robes
Double glazing, panel heating, split system and car space
Walk to Gilbert Road trams, High Street and Preston Market
Property History for 1/492 Murray Rd, Preston, VIC 3072
- 20 Oct 2024Sold for $599,000
- 01 Aug 2024Listed for Sale SOLD - $599,000
- 22 May 2024Listed for Sale $675,000
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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 21,599 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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