48 Malpas StreetPreston VIC 3072
Property Details for 48 Malpas St, Preston
48 Malpas St, Preston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 534m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Preston in the last 12 months.
Last Listing description (August 2026)
Welcome to 48 Malpas Street - a beautifully renovated home that delivers something increasingly hard to find in Melbourne's inner north: genuine space without giving up the lifestyle.
Set in one of Preston's established residential pockets, this is a home for those who want to be close to the action, while still having somewhere to retreat to at the end of the day.
Inside, the home has been thoughtfully renovated and offers three well-proportioned bedrooms, a comfortable living area and a modern kitchen and bathroom.
But the real standout is outside.
Step through to a large, level and secure north-facing backyard - private, sun-filled and spacious. It's the kind of backyard that's increasingly rare this close to Melbourne: somewhere to entertain, unwind, enjoy a morning coffee or simply have room to breathe.
Then there's the location.
Great coffee. Tram. Shopping. Parkland. All close by.
With a park and children's playground approximately 150m from your front door, easy access to tram services, local cafés and major shopping, you can leave the car at home and enjoy the best of Preston on foot.
And when you do need the car, you've got something increasingly valuable in the inner north - off-street parking and a large tandem garage, providing secure parking and plenty of storage.
THE HIGHLIGHTS
• Beautifully renovated throughout
• Three well-proportioned bedrooms
• Modern kitchen and bathroom
• Comfortable living area
• Large, level north-facing backyard
• Secure outdoor space with room to entertain and unwind
• Park and children's playground approximately 200m away
• Walk to tram services
• Surrounded by Preston's cafés, restaurants and local shops
• Close to major shopping - Northland
• Off-street parking, plus large tandem garage with excellent storage
THE LIFESTYLE
This is inner-north living without the compromise of apartment living.
Grab a coffee, jump on the tram, wander to the shops or head home and enjoy your own private backyard.
Please note: From November 2025, Victorian rental laws prevent us from accepting offers above the advertised price. In addition, we cannot request or accept rent in advance greater than one month. All applications will be considered at the listed rent.
https://drive.google.com/file/d/14Nz91kB4fUiMMtcx3dFBRlthERyUVJwk/view?usp=drive_link
* Rent payable per calendar month: $3,411
Bond: $3,411
Property History for 48 Malpas St, Preston, VIC 3072
- 24 Aug 2026Listed for Rent $785 / week
- 01 Aug 2026Sold for $1,250,000
- 07 Jul 2026Listed for Sale Auction: $1,050,000 - $1,150,000
Recent sales nearby
See more recent sales nearby/assets/perm/4sfzk756kei6nmm7kwp4whsrkq?signature=5f198327402c96c01610bd86fe1724d6ac8dc057cacd47d34a893cc093c72b31){kind=logo}
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0About Preston 3072
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,894 properties. Over the last 5 years, Houses in Preston have seen a -8.66% decrease in median value, while Units have seen a 3.80% increase. As at 30 September 2026:
- The median value for Houses in Preston is $1,148,190 while the median value for Units is $637,633.
- Houses have a median rent of $700 while Units have a median rent of $600.
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