2/503 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in February 2022.
''The Modern' by name and by nature, this brilliant forward thinking building featuring double glazing, 6 star energy rating and solar panels complements the luxury of this superb ground floor 2 bedroom, 2 bathroom apartment where every principal room appreciates an outlook to the fabulous full width entertainers terrace. A generous, inviting living/dining area featuring timber floors takes centre stage, flanked by the 2 bedrooms which each enjoy their own zone. The master bedroom featuring wall to wall carpet, a walk in wardrobe and a contemporary ensuite bathroom with direct access to the private entertainers terrace, while the second bedroom with built in robes is serviced by a separate second bathroom. exceptional quality defines the designer kitchen with stone benchtops, stainless steel appliances, gas cooktop and dishwasher. European laundry, a smart study nook, heating/cooling. complete a property that applies tomorrow's ideas to today's demands and desires. Situated moments from cafes, shops and trams, further enhanced by secure allocated car parking and easy access to the LaTrobe University campus.
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 21,600 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:
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