116 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

116 Murray Road
Preston VIC 3072

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 175m2
Land area: 650m2
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Last updated 19 Jan 2026
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Property Details for 116 Murray Rd, Preston

116 Murray Rd, Preston is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 650m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Year Built
1920
Floor Size
175m2
Land Size
650m2
Local Government
Darebin
Lot/Plan
131/LP6796

Last Listing description (June 2015)

Set on approximately 650m2 (15.3m x 42.5m) this attractive home has an abundance of potential offering a unique buying opportunity to renovate/extend, re-develop (STCA) whilst still possessing a ready to move in flare.
The home offers two spacious bedrooms, an additional study/optional third bedroom, generous storage space, large modern kitchen, sizeable open plan living and dining room, newly renovated central bathroom with an additional external toilet, separate laundry, large sun drenched north facing backyard with timber decked entertaining area, double lock up garage and a separate storage shed.
The property features security alarm system, polished hardwood floors, high ceilings, ducted heating, air-conditioning, wood fireplace, decorative cornice, ornate ceilings, skylights, leadlight windows, casement windows, picture rails, modest kitchen with breakfast bar and modern central bathroom with bath, shower, toilet and vanity.

All of this within close proximity to the vibrant High Street cafe and restaurant precinct, trams, trains, buses, Preston Market, Northland Shopping Centre and sought after schools. A great opportunity not to be missed!

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Property History for 116 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$780,000
11 Jun 2015
  • 11 Jun 2015
    Sold for $780,000
  • 17 Apr 2015
    Listed for Sale 789,000
  • 02 Jun 2009
    Sold for $485,126
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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.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 933 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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