3/1 Malpas St, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a floor size of 78m2.
This trendy development available on prestigious Malpas Street in Preston overlooking Ruthven Reserve is a one off opportunity for the savvy investor or homeowner looking for a low maintenance lifestyle. City commuters will be all over the excellent access to bus services and Plenty Rd trams, while having gourmet eateries and Northland Shopping Centers Hoyts Cinemas virtually around the corner means your lifestyle will undergo a massive change for the better.
Bedrooms are zoned in privacy downstairs sharing a modern generous bathroom and Euro laundry. This leaves the radiant upstairs layout to play host to the smartly styled open-plan living, which blends the family living, central dining and modern open kitchen whilst extending out onto the large entertainer's terrace where cocktails at sunset will be a must.
A quick train ride into the CBD or within easy access to Preston market and LaTrobe University these exquisite townhouses are a must see.
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 21,597 properties. Over the last 5 years, Houses in Preston have seen a 19.31% increase in median value, while Units have seen a 14.23% increase. As at 31 January 2026:
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