2/22 Murphy Gr, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 109m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2010.
INVEST NOW... OCCUPY LATER...
Part of the challenge with a investment property is the chore of having the property vacant while finding a suitable tenant. This delightful unit comprises 2 big bedrooms with BIR's, separate large lounge with adjoining kitchen/meals area and separate bathroom & laundry. Features include low maintenance courtyard, heating & cooling, excellent natural light, car spot on title, a wonderful location close to transport, High Street & Plenty Road shop's, Northland and Preston Market. With a secure lease in place until 2012 securing $12,792 per annum and rent increase annually, after ticking all the right boxes you can invest now with complete confidence knowing your property will be making an excellent return from day one with sound opportunity to continue rental & investment growth or simply live in and occupy in the future. The choice is yours!
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:
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