1/505 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

1/505 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 88m2
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Last updated 12 Jan 2026
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Property Details for 1/505 Plenty Rd, Preston

1/505 Plenty Rd, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 88m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Townhouse
Year Built
2011
Floor Size
94m2
Land Size
88m2
Local Government
Darebin
Lot/Plan
1/PS540054

Last Listing description (September 2022)

Located just minutes from Preston Market, the bustling High Street strip, Northland Shopping Centre, Preston train station, schools and parks, you're never far from all the action.
In a stroke of clever design, both sun-kissed bedrooms and a large modern bathroom (with laundry facilities) are zoned downstairs to achieve maximum privacy, while access to a private garden courtyard from the main bedroom is a refreshing point of difference.
Venture upstairs and discover a bright open-plan living domain, awash with natural light and achieves a stylish character with its soaring raked ceiling, modern kitchen with stainless steel appliances, generous living space and a separate enclosed balcony ideal for a relaxed cocktail at sunset.

Completed by additional features such as split-system heating/cooling, polished timber floorboards throughout and a remote single garage this property is comfortable, convenient and ready to go.

NB: As this property may be located in an area where car parking is at a premium, please make your own enquiries with the municipal council to determine if a resident parking permit is required for on street car parking.

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Property History for 1/505 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$630,000
17 Jul 2021
Listed for Rent
$420/w
14 Sep 2022
  • 08 Aug 2022
    Listed for Rent $420 / week
  • 17 Jul 2021
    Sold for $630,000
  • 22 Jun 2021
    Listed for Sale ONLINE AUCTION - $510,000 - $560,000
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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 21,600 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.
There are currently 60 properties listed for sale, and 52 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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