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.
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.
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 21,613 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
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