303/485-492 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

303/485-492 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 20 Apr 2026
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Property Details for 303/485-492 Plenty Rd, Preston

303/485-492 Plenty Rd, Preston is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Darebin

Last Listing description (June 2022)

***DISPLAY SUITE OPEN BY PRIVATE APPOINTMENT ONLY***

It's hard to go past this superb bright, light and thoughtfully planned home positioned at the front corner of this highly sought after Preston development.


Its 2 generous bedrooms are serviced by a stylish central bathroom featuring floor to ceiling porcelain tiles, frameless walk in shower and above counter basins. In addition, each room has its own study nook perfect for working from home as well as plush woollen carpeting, and built in robes.

Positioned to make the most of a sunny outlook, the open plan living area flows out to a private balcony where you can soak in the morning sun or entertain friends all just moments away from the many highlights this cosy nook of Preston has to offer.

Every centimetre has been carefully planned to ensure superior quality and maximum usability. From a striking kitchen with handy island bench and stylish feature panelling, to quality Miele appliances, natural stone benchtops and splashback, pull out pantry, spray kitchen mixer, and engineered oak timber floors no stone has been left unturned.

Add to this split system heating and cooling, European laundry, and quality finishes and fittings throughout and you have a combination that is perfect for the modern, low maintenance lifestyle.

All of this has been designed with sustainability in mind. Lumiere Rise exceeds government requirements, with some residents achieving an 8.6 star NatHERS rating.

Best of all, the location of this urban splendour places you at the heart of a myriad of Preston highlights. Walk to the Preston Market on weekends, explore the many nearby cafes on your morning coffee run, or spend sunny afternoons cruising the Darebin Creek trail where stunning scenery surrounds bike riders, joggers and dog walkers alike.

The #86 tram is right outside your door to effortlessly connect you with the CBD, RMIT and LaTrobe universities, as well as the chic locales of Thornbury, Northcote, Collingwood and Fitzroy; while Preston Station is also within easy reach.

With these standout connections, impeccable finishes, and exceptional quality Lumiere Rise truly is the gem of Melbourne's north.

Highlights:
First class kitchen complete with Miele appliances, pull out pantry, spray kitchen mixer, custom joinery, natural stone benchtops and splashbacks
Superior bathroom featuring floor to ceiling porcelain tiles, premium tapware, twin rail shower head and frameless walk in shower
LED feature strip lighting to bathrooms and kitchens
Customised finish with your choice of Urban or Scandi colour schemes
Spacious balcony
Floods of natural light
Sumptuous bedrooms featuring built in robes and plush woollen carpeting
Split system heating and cooling to living rooms and master bedroom
Secure parking, video intercom, CCTV, and communal parcel lockers
Best practice sustainable design with energy efficient fixtures and fittings
Charging stations for electric cars and e-bicycles
Communal dog wash
#86 tram at your doorstep
9km to the CBD with local amenity and entertainment in abundance
One of Australia's Top investment locations

Secure your private appointment at our display suite this week to lock in this favourable floorplan and take advantage of generous off the plan stamp duty savings on offer from the state government.

Property History for 303/485-492 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
  • 05 May 2022
    Listed for Sale $529,000
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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 21,622 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:

  • The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 74 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 951 properties were sold in the past 12 months in Preston.

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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.