41 Malpas St, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
First time offered for sale in over 70 years, this much-loved period home sitting on 650sqm of land provides a family lifestyle of immediate comfort and convenience along with a myriad of options for those looking to renovate, renew or possibly redevelop in the future (STCA). Beyond its attractive facade, the home's light and bright interior currently comprises three bedrooms (large master) with built-in robes, neat bathroom, central living and open dining area adjoined by a spotless kitchen. High ceilings, solid timber floors and split-system heating/cooling all add to the appeal, plus a fully self-contained Dependent Persons Unit offering two bedrooms (BIR's), bathroom, kitchen and living/meals area - Please note the "Dependant Person's Unit subject to building permit conditions and council approval". Add to this, a wonderfully deep backyard with established gardens, direct access to the rear ROW and lock-up garage via gated side driveway. Albert Street buses around the corner along with the open spaces of W. Ruthven Reserve, it's also walking distance to local cafes and Plenty Road trams, as well as easy access to popular schools (Preston HS zone), Northland Shopping Centre and Preston Market.
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 21,595 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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