2/554 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/554 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 114m2
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Last updated 19 Jan 2026
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Property Details for 2/554 Murray Rd, Preston

2/554 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse and was built in 2022. The property has a land size of 114m2.

Building Type
Townhouse
Year Built
2022
Land Size
114m2
Local Government
Darebin
Lot/Plan
2/PS904471

Last Listing description (January 2023)

This brand new luxury townhouse is sprawled over 3 levels within a complex of only 4, in a great location!

As you enter the front door we are met with polished floor boards and a staircase . You can take your pick as there are 2 master bedrooms one on the ground floor and the other on the top floor! The one on the ground floor offers a WIR, full ensuite with a big shower, a split system air cond unit, loads of light and opens on the landscaped courtyard. There is a seperate laundry and internal access to the remote LUG , this completes the ground floor .

As we navigate the timber staircase up to level 1, we have another bedroom with BIR's with split system air cond unit serviced by a powder room. The kitchen is well appointed and equipped with electric cooking, electric oven, stone bench top , loads of cupboard space and dishwasher which overlooks a generous open plan living area that offers a split system air cond unit and opens onto a good sized balcony with terrazzo flooring .

On the top floor you will find a generous bedroom with WIRs, a full ensuite with a huge shower , a split system air cond unit and a private balcony .

All this in a secure complex behind a security gate , features a total of 4 air cond units , an alarm , a remote control LUG that opens onto landscaped courtyard - a nice area to entertain friends !

Location speaks for itself, take a stroll to the local shops and schools with the tram stop or train station only a brisk walk away .

Inspection is by appointment contact Ernie Caputa on 0438 553 451

Property History for 2/554 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
  • 08 Dec 2022
    Listed for Rent $695 / week
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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, 932 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.