102/485-492 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

102/485-492 Plenty Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 18 May 2026
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Property Details for 102/485-492 Plenty Rd, Preston

102/485-492 Plenty Rd, Preston is a 3 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Darebin

Last Listing description (June 2022)

***DISPLAY SUITE OPEN BY PRIVATE APPOINTMENT ONLY***

Perfect for a growing family, singles or couples wanting to spread out, or even those looking to downsize from a large family home, this three bedroom, two bathroom corner residence is the answer to a myriad of lifestyles and people wanting to take advantage of this prized Preston location.


A sizeable north facing balcony is ideal for entertaining friends or basking in the sunshine, while the open plan kitchen, living and dining space is great for pulling everyone together for evening meals or cosy catchups.

The thoughtfully designed master suite features a generous study nook, built in robe and ensuite bathroom, while a central bathroom services the additional two bedrooms with stylish finishes, including a full size bathtub.

Every centimetre has been carefully planned to ensure superior quality and maximum usability.

Plush carpeting softens all three bedrooms, while quality oak timber flooring sprawls throughout living areas. The striking kitchen comes complete with handy built in dining table, quality Miele appliances, natural stone benchtops and splashback, pull out pantry, and spray kitchen mixer; while a large central light well and expansive glazing ensures that the entire home is flooded with natural light throughout the day.

Add to this the convenience of a European laundry and split system heating and cooling, and you have all the ingredients to perfeft the modern way of living.

All of this has been designed with sustainability in mind. Lumiere Rise exceeds government requirements, with some residents achieving an 8.6 star NatHERS rating.

Best of all, the location of this urban splendour places you at the heart of a myriad of Preston highlights. Walk to the Preston Market on weekends, explore the many nearby cafes on your morning coffee run, or spend sunny afternoons cruising the Darebin Creek trail where stunning scenery surrounds bike riders, joggers and dog walkers alike.

The #86 tram is right outside your door to effortlessly connect you with the CBD, RMIT and LaTrobe universities, as well as the chic locales of Thornbury, Northcote, Collingwood and Fitzroy; while Preston Station is also within easy reach.

With these standout connections, impeccable finishes, and exceptional quality Lumiere Rise truly is the gem of Melbourne's north.

Highlights:
First class kitchen complete with Miele appliances, pull out pantry, spray kitchen mixer, custom joinery, natural stone benchtops and splashbacks
Superior bathroom featuring floor to ceiling porcelain tiles, premium tapware, twin rail shower head and frameless walk in shower
LED feature strip lighting to bathrooms and kitchens
Customised finish with your choice of Urban or Scandi colour schemes
Spacious balcony
Floods of natural light
Sumptuous bedrooms featuring built in robes and plush woollen carpeting
Split system heating and cooling to living rooms and master bedroom
Secure parking, video intercom, CCTV, and communal parcel lockers
Best practice sustainable design with energy efficient fixtures and fittings
Charging stations for electric cars and e-bicycles
Communal dog wash
#86 tram at your doorstep
9km to the CBD with local amenity and entertainment in abundance
One of Australia's Top investment locations

Secure your private appointment at our display suite this week to lock in this favourable floorplan and take advantage of generous off the plan stamp duty savings on offer from the state government.

Property History for 102/485-492 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
  • 05 May 2022
    Listed for Sale 709,000
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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 21,603 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 948 properties were sold in the past 12 months in Preston.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
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.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.