2/22 Murphy Grove, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/22 Murphy Grove
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 109m2
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Property Details for 2/22 Murphy Gr, Preston

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.

Building Type
Unit
Year Built
1972
Floor Size
65m2
Land Size
109m2
Local Government
Darebin
Lot/Plan
2/RP2762

Last Listing description (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!

Property History for 2/22 Murphy Gr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$370,000
27 Jul 2010
  • 27 Jul 2010
    Sold for $370,000
  • 22 Jun 2010
    Listed for Sale $379,000
  • 29 Mar 2008
    Sold for $248,000
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 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.