401/503 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

401/503 Plenty Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 84m2
Land area: 1017m2
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Property Details for 401/503 Plenty Rd, Preston

401/503 Plenty Rd, Preston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a land size of 1017m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
2020
Floor Size
84m2
Land Size
1017m2
Local Government
Darebin
Lot/Plan
401/PS802494

Last Listing description (July 2020)

Newly built 'The Modern' offers boutique apartments to please the manning crowds.
Close to eclectic cafes, designer bars and restaurants, it is only 9km from the CBD, with public transport at your doorstep. Nearby are Latrobe University, RMIT Bundoora, two Melbourne Polytechnic campuses and a plethora of schools. Nearby also is the Northland Shopping Centre and the Austin Hospital only minutes away.
Every 'The Modern' apartment has Premium 6-Star energy Efficiency rating, commercial rated double glazing windows, acoustically rated walls, floor and doors to minimise noise. The building is also equipped with Solar panels for hot water systems and common area lighting.

The bedrooms have built in robes, with carpet flooring and the living areas with timber flooring. The kitchen is fitted with quality European appliances. The building has security entry as well as secure undercover parking space. This is the perfect unit for first home buyers, downsizers or smart investors.
Second car parks available if required, at additional cost.
DUE TO CORONAVIRUS RESTRICTIONS, INSPECTIONS WILL BE AVAILABLE BY PRIOR APPOINTMENT ONLY, MAXIMUM OF 2 PERSONS ONLY.
STRICT SOCIAL DISTANCING APPLIES. IF YOU ARE ILL YOU CANNOT ATTEND AN INSPECTION. AVOID TOUCHING SURFACES.
GLOVES AND HAND SANITIZER WILL BE SUPPLIED. CALL, TEXT OR EMAIL US TODAY.

Property History for 401/503 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$605,000
29 Jun 2020
  • 29 Jun 2020
    Sold for $605,000
  • 19 Nov 2019
    Listed for Sale $669,925
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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 21,619 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 72 properties listed for sale, and 48 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 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.