481 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

481 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 552m2
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Property Details for 481 Murray Rd, Preston

481 Murray Rd, Preston is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 552m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1980
Land Size
552m2
Local Government
Darebin
Lot/Plan
16~B/LP6213

Last Listing description (May 2021)

Here stands a fine example of period Preston West living, where beautiful features of a bygone era come to the fore in a spacious single-level high gable design ideal for the growing family.

Open fireplaces, original timber panelling picture rails, sash windows with leadlighting, polished hardwood timber floorboards, towering high decorative ceilings and a striking double entrance hallway of classic proportions offer a glimpse into the Californian Bungalow's vintage soul, while a generous collection of light-filled living and dining areas, three spacious bedrooms and relaxed indoor-outdoor living comfortably facilitates a modern family lifestyle on a sizeable 550sqm (approx.) north-facing block.

A quality timber kitchen with a 900mm stainless steel cooker easily caters for a growing household, while a gorgeous period bathroom with a beautiful feature leadlight window provides family comfort.

Watch the world go by from the comfort of the jarrah front verandah with a coffee in hand, and host large-scale gatherings with ease in the leafy backyard featuring a freestanding gazebo over sanstone patio and second undercover area for relaxed entertaining along with a lush lawn area for child's play.

Furthermore, this instantly appealing home also features ducted heating, ceiling fans, abundant storage and generous off-street parking.

Enhancing your standard of living is the premier lifestyle location, which enjoys convenient access to the Coburg Hill shopping and dining precinct, Regent Village cafes, scenic Coburg Lake, Newlands Primary School, Preston West Primary, St Raphael's Catholic Primary School, Gilbert Road trams, Melbourne Polytechnic Preston Campus, Preston train station and Preston Market.

Property History for 481 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,335,000
29 May 2021
Listed for Rent
$500/w
22 Jan 2012
  • 29 May 2021
    Sold for $1,335,000
  • 11 May 2021
    Listed for Sale ONLINE AUCTION- $1,050,000 - $1,150,000
  • 14 Dec 2011
    Listed for Rent - Price not available
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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 21,601 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 65 properties listed for sale, and 56 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 930 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.