5/1 Murphy GrovePreston VIC 3072
Property Details for 5/1 Murphy Gr, Preston
5/1 Murphy Gr, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 72m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (August 2024)
Location is everything!!!
Welcome to 5/1 Murphy Grove, Preston. A delightful two bedroom, one bathroom unit perfect for both homeowners and investors alike. Nestled in a highly sought-after pocket of Preston, this property offers an ideal blend of modern comfort and convenient living. With its low maintenance living and quick access to all amenities it's definitely one to not miss.
Step inside to discover a stylish interior featuring hybrid flooring throughout, offering a seamless flow and easy maintenance. The recently renovated bathroom and kitchen stand out with their contemporary finishes. The kitchen, equipped with modern appliances, and sleek countertops, is perfect for preparing your favorite meals. The living and dining area provides a comfortable space to relax and entertain, while the two good sized bedrooms offer plenty of natural light and space. The renovated bathroom boasts space and convenience. Outside, you'll find a designated car spot, ensuring your vehicle is always secure.
The property's location is unbeatable, with easy access to local shops, cafes, restaurants, and public transport options. Preston Market and High Street's vibrant dining and shopping precinct are just moments away, providing endless opportunities for entertainment and leisure. Whether you're looking for your first home, downsizing, or seeking a smart investment, 5/1 Murphy Grove has it all. Don't miss this opportunity to secure a charming, low maintenance property in one of Preston's most desirable areas.
Land size: 72m2 approx.
Deposit: 10% of the purchase price
Settlement preference: 30 60 90 days
Rental assessment: $480-$520 per week
Property History for 5/1 Murphy Gr, Preston, VIC 3072
- 20 Jul 2024Sold for $490,000
- 20 Jul 2024Sold for $490,000
- 24 Jun 2024Listed for Sale $440,000 - $490,000
Recent sales nearby
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:
- The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
- Houses have a median rent of $620 while Units have a median rent of $550.
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