2/503 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/503 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 2/503 Plenty Rd, Preston

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.

Building Type
Unit
Year Built
2019
Local Government
Darebin
Lot/Plan
2/PS802494

Last Listing description (May 2023)

'The Modern' - By Name And By Nature

''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.

Property History for 2/503 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$605,000
25 Feb 2022
  • 29 May 2023
    Listed for Sale $590,000 - $610,000
  • 02 Mar 2022
    Sold for $605,000
  • 02 Mar 2022
    Sold for $605,000
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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 21,600 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:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 937 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.