5/1 Mclennan Place, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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5/1 Mclennan Place
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 3247m2
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Last updated 13 Apr 2026
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Property Details for 5/1 Mclennan Pl, Preston

5/1 Mclennan Pl, Preston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 3247m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
1960
Floor Size
89m2
Land Size
3247m2
Local Government
Darebin
Lot/Plan
15/PS334221

Last Listing description (April 2017)

Indulge in the breathtaking panoramic city views in this warm and inviting 3 bedroom Top floor apartment. In a tidy block, this comfortable retreat features a generous living & dining area with northern aspect to the dining area, 3 lovely bedrooms (BIRs), a sun drenched timber kitchen with stainless steel appliances, central bathroom with laundry facilities and a separate toilet. A fantastic first home with shopping & transport convenience, a terrific investment with easy access to 2 tertiary institutions, or a easy care downsizer for busy families, this well maintained delight features lovely big windows taking in the majestic city views, polished boards, gas heating, ample storage and parking. In this no through road, just a heartbeat to Northland Shopping Centre. Preston North-East Primary School, Northern College of the Arts & Technology, Olympic Park, Darebin Creek, a wide network of bus services and childcare, this rare 3 bedroom apartment is
within easy access to train stations, tram and La Trobe University. A great opportunity in this highly desirable location.

Property History for 5/1 Mclennan Pl, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$325,000
01 Feb 2017
Listed for Rent
$280/w
01 Dec 2012
  • 01 Feb 2017
    Sold for $325,000
  • 18 Nov 2016
    Listed for Sale $350,000
  • 28 Feb 2015
    Listed for Sale $350,000
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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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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