1/554 Murray RoadPreston VIC 3072
Property Details for 1/554 Murray Rd, Preston
1/554 Murray Rd, Preston is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2022. The property has a land size of 157m2.
Last Listing description (December 2025)
As new luxury townhouse is front facing and sprawled over 3 levels within a complex of only 4, in a great location!
As you enter the front door we are met with polished floor boards and a study area . You can take your pick as there are 2 master bedrooms, one on the ground floor and the other on the top floor ! The one on the ground floor offers a WIR, full ensuite with a big shower, a split system air cond unit, loads of light and opens on the landscaped courtyard. There is a seperate laundry and internal access to the remote LUG , this completes the ground floor .
As we navigate the timber staircase up to level 1, we have another bedroom with BIR's and split system air cond unit serviced by a powder room. The kitchen is well appointed and equipped with electric cooking, electric oven, stone bench top , loads of cupboard space and dishwasher which overlooks the open plan living area. The high ceilings provide a sense of space, there is light beaming through the big windows and bouncing off the polished boards , a split system air cond unit and opens onto a generous balcony with terrazzo flooring .
On the top floor you will find a generous bedroom with WIRs, a full ensuite with a huge shower , a split system air cond unit and a private balcony .
All this in a secure complex behind a security gate , features a total of 4 air cond units , an alarm , a remote control LUG that opens onto landscaped courtyard - a nice area to entertain friends !
Location speaks for itself, take a stroll to the local shops and schools with the tram stop or train station only a brisk walk away .
Property History for 1/554 Murray Rd, Preston, VIC 3072
- 15 Dec 2025Listed for Rent $775 / week
- 13 Nov 2023Listed for Rent $750 / week
- 08 Dec 2022Listed for Rent $725 / week
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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 21,600 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.
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