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

485 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 366m2
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Last updated 19 Jan 2026
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Property Details for 485 Murray Rd, Preston

485 Murray Rd, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 366m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Year Built
1930
Floor Size
130m2
Land Size
366m2
Local Government
Darebin
Lot/Plan
1/PS429939

Last Listing description (September 2023)

This gorgeous Art Deco residence on the corner of Grandview Road offers loads of natural light and beautiful period features throughout. With Preston Market, local shops, Gilbert Road tram and station close by, its position truly offers an excellent lifestyle choice. Spacious interiors include three double bedrooms, main with leadlight windows and beautiful decorative ceilings. The expansive living and dining domain is accompanied by a well-appointed modern kitchen with 900mm cooktop and oven, dishwasher and breakfast bench. Outdoors offers covered entertaining area and landscaped gardens.Features period style bathroom, second toilet, separate laundry, Tasmanian Oak floors, ducted heating, evaporative cooling, split system heating/cooling and secure off street parking via Grandview Road.For more information or to arrange a private viewing

Property History for 485 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$675,000
21 Feb 2015
Listed for Rent
$550/w
12 Aug 2022
  • 13 May 2021
    Listed for Rent - Price not available
  • 21 Feb 2015
    Sold for $675,000
  • 23 Jan 2015
    Listed for Sale Not Disclosed
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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 21,600 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 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 932 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.