28 Murphy GrovePreston VIC 3072
Property Details for 28 Murphy Gr, Preston
28 Murphy Gr, Preston is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom House sold in Preston in the last 12 months.
Last Listing description (May 2026)
Whether you're looking to renovate a classic, land-bank for the future, or break ground immediately on a high-end development, 28 Murphy Grove is the "unicorn" you've been searching for. This property offers the best of both worlds: a charming, liveable weatherboard home and endorsed plans and permits for three stunning, architecturally designed townhouses.
The Project: Shovel-Ready Excellence
Skip the years of planning stress. The hard work has been done, with endorsed plans ready for a sophisticated triple-townhouse development:
• Seamless Living: Each home is designed with an emphasis on light, featuring floor-to-ceiling glass and seamless transitions to private outdoor zones.
• Smart Site Utilisation: The layout maximises the deep allotment, providing privacy and generous landscaped courtyards for every residence.
The Residence: Classic Charm & Immediate Comfort
While you finalise your builders, enjoy a highly rentable or liveable character home filled with period details:
• Period Features: Polished timber floorboards, high ceilings, and ornate ceiling roses throughout.
• Flexible Floor Plan: Features two large bedrooms-a master (4.0m x 3.6m) and a second bedroom (3.3m x 3.1m)-both offering ample space.
• Spacious Living: A bright living room (3.6m x 4.2m) with split-system AC, plus a separate formal dining room (3.6m x 3.8m) with a wall heater.
• Large Kitchen/Meals: A functional space (4.3m x 4.1m) equipped with a dishwasher and oven.
• Massive Backyard: Includes an entertaining deck and a standalone single garage/workshop (3.3m x 6.5m).
The Location: Heart of Preston
Positioned in one of the North's most consistent growth corridors, you are moments from vibrant cafes, local schools, and extensive parklands. Excellent public transport links provide a direct and easy commute to the CBD.
This is a rare opportunity to secure a "triple-threat" development site in a premium pocket. Build the dream or hold for the future-the choice is yours.
For a full information pack, including endorsed plans and permits, contact us today.
Since the permits are already endorsed, are you planning on starting the build yourself, or are you more interested in the land-banking potential of the existing house?
Property History for 28 Murphy Gr, Preston, VIC 3072
- 09 May 2026Sold for $1,200,000
- 07 Apr 2026Listed for Sale Sale: $1,100,000 - $1,200,000
- 16 Jul 2025Listed for Rent $560 / week
Recent sales nearby
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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 21,605 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:
- The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
- Houses have a median rent of $700 while Units have a median rent of $550.
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