5/492 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

5/492 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 76m2
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Property Details for 5/492 Murray Rd, Preston

5/492 Murray Rd, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a land size of 76m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Townhouse
Year Built
2016
Floor Size
98m2
Land Size
76m2
Local Government
Darebin
Lot/Plan
5/PS740233

Last Listing description (February 2025)

Experience modern living in this thoughtfully designed two-bedroom townhouse at 5/492 Murray Road, Preston. The ground floor features two spacious bedrooms, each equipped with built-in robes, and a contemporary bathroom. An additional open area on this level offers versatility, ideal for a home office or study space.

Ascend to the upper level to find a generous open-plan living and kitchen area, perfect for both relaxation and entertaining. The kitchen boasts stainless steel appliances, ample storage, and sleek countertops, catering to all your culinary needs. Large windows flood the space with natural light, creating a warm and inviting atmosphere.

This townhouse is ideally situated to take full advantage of Preston's vibrant amenities. Just a short stroll away is the renowned Preston Market, offering a diverse selection of fresh produce, gourmet foods, and local delicacies. For your shopping needs, Northland Shopping Centre is conveniently located nearby, featuring a wide array of retail stores, supermarkets, and dining options.

Public transportation is easily accessible, with Preston Railway Station on the Mernda line providing direct routes to Melbourne's CBD. Additionally, multiple bus routes service the area, including routes 552 and 553, facilitating convenient travel to surrounding suburbs. For outdoor enthusiasts, the nearby Darebin Creek Forest Park offers scenic trails and recreational facilities, perfect for weekend activities.

Embrace the blend of comfort and modernity in this exceptional Preston townhouse, ready to become your new home.

Property History for 5/492 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$670,000
12 Dec 2020
Listed for Rent
$550/w
10 Feb 2025
  • 05 Feb 2025
    Listed for Rent - Price not available
  • 12 Dec 2020
    Sold for $670,000
  • 18 Nov 2020
    Listed for Sale $620,000 - $660,000
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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 21,600 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, 933 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.