1/501 Murray RoadPreston VIC 3072
Property Details for 1/501 Murray Rd, Preston
1/501 Murray Rd, Preston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 318m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (November 2022)
Secure yourself a fabulous location and build on the appeal of this classic three bedroom period home. Boasting enviable access to Merri Creek trails, schools, Gilbert and Sydney Road trams, buses, Preston Market and Sydney Road shopping, the location alone puts forward thinking buyers in a premier position less than 9km to the CBD. Presenting lofty ceilings, panelled glass windows and Baltic Pine floors this immediately comfortable home comprises free-flowing lounge and dining with an open fireplace, serviceable kitchen with gas cooking and low-maintenance rear gardens incorporating a secure carport offering an all-weather entertaining space. With a spacious bathroom and heating/cooling, this elegant home primed for modern update/extension (STCA), promises lifestyle excellence near transport, parklands and schools.
Property History for 1/501 Murray Rd, Preston, VIC 3072
- 13 Dec 2021Sold for $775,000
- 03 Nov 2021Listed for Sale $775,000
- 29 Dec 2020Transferred
Recent sales nearby
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0About 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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