2/534 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/534 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 254m2
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Last updated 21 Sep 2026
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Property Details for 2/534 Murray Rd, Preston

2/534 Murray Rd, Preston is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 254m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1995
Floor Size
115m2
Land Size
254m2
Local Government
Darebin
Lot/Plan
1/TP23753

Last Listing description (September 2026)

Own parcel of land with no body Corporate fees in sought after Preston West & Preston High catchmentsPositioned quietly at the rear of the property, this beautifully renovated, single storey standalone home delivers a turnkey lifestyle in a highly sought after Preston location.Perfectly combining comfort, practicality and low maintenance living, the home has been thoughtfully updated throughout, including the kitchen, two bathrooms, laundry, backyard and timber entertaining deck.Set on its own title with no body corporate, offering three generous bedrooms, two bathrooms, multiple living and entertaining zones, and excellent heating and cooling, low maintenance backyard with garden shed. This is a home ready to move straight into and enjoy with Unbeatable Convenience.Key Features, 3 bedrooms, all with ceiling fans and double glazed windows, 2 bathrooms, including a private ensuite. Main bathroom with bathtub and ensuite with walk-in shower. Lockable front porch, remote controlled lock up garage with additional built-in garage storage. Combined kitchen and dining area with gas cooktop, separate living area with plantation shutters and separate laundry. Ducted heating, evaporative cooling and air-con in the living area, dimmer lighting throughout, private rear porch and separate timber deck with built-in bench seating, storage and built-in fridge.Enjoy an enviable Preston lifestyle with an array of shops, cafs, restaurants, parks and public transport all within easy walking distance.Transport options include Tram 11, the 527 bus towards Northland and Preston Train Station, while the much loved Preston Market is close by for fresh food, local produce and weekend browsing.Families will also appreciate the home's position within the sought after Preston West Primary School and Preston High School catchments.Quiet, private and exceptionally well connected, this is a rare opportunity to secure a renovated, standalone home in one of Preston's most convenient pockets.

Property History for 2/534 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$810,000
14 Apr 2018
  • 19 Aug 2026
    Listed for Sale EOI $1,030,000 - $1,130,000
  • 14 Apr 2018
    Sold for $810,000
  • 15 Mar 2018
    Listed for Sale SOLD by Harcourts Box Hill TSL
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,901 properties. Over the last 5 years, Houses in Preston have seen a -5.51% decrease in median value, while Units have seen a 4.03% increase. As at 31 August 2026:

  • The median value for Houses in Preston is $1,149,338 while the median value for Units is $635,800.
  • Houses have a median rent of $700 while Units have a median rent of $590.
There are currently 69 properties listed for sale, and 63 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 867 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.