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

123 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 380m2
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Last updated 6 Apr 2026
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Property Details for 123 Murray Rd, Preston

123 Murray Rd, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 380m2 and floor size of 107m2.

Building Type
House
Year Built
1950
Floor Size
107m2
Land Size
380m2
Local Government
Darebin
Lot/Plan
1/PS645048

Last Listing description (April 2024)

Due to a lease break, the rent for this property will increase to $575 per week from September 2024.
Precise Property Management are proud to introduce this solid and charming home, set on a low maintenance corner block, only a short drive from Northland Shopping Centre and vibrant High Street shopping precinct. Inside offers 3 bedrooms with built in robes, polished timber floors, formal lounge and separate dining area, plus an updated kitchen with gas stove and dishwasher. Enjoy ducted heating throughout plus a renovated bathroom, separate laundry and toilet and a single carport (off Diamond St).
A cute courtyard garden and generous front garden space will please the "green fingers" in everyone, plus there is a garden shed for extra storage. Pets are welcome, 14 month minimum lease with the option for long term tenancy available. Enquire today!

You can book online for a time to inspect, simply click on Book an Inspection Time or Contact Agent to book instantly using our online system. By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment. Once you have viewed the property in person, you can apply using the link we provide you - it's that easy!

Property History for 123 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
$450/w
29 Dec 2021
  • 06 Apr 2024
    Listed for Rent $495 / week
  • 26 Oct 2021
    Listed for Rent $450 / week
  • 30 Oct 2018
    Listed for Rent - Price not available
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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 21,615 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:

  • The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 68 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 949 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.