5/588 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

5/588 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 48m2
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Last updated 6 Apr 2026
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Property Details for 5/588 Plenty Rd, Preston

5/588 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 48m2. While the property is not currently for sale or for rent, it was last transferred in September 2025.

Building Type
Townhouse
Land Size
48m2
Local Government
Darebin
Lot/Plan
11/PS829464

Last Listing description (February 2026)

An exclusive opportunity to lease this architecturally designed 2-bedroom townhouse. Masterfully built to uncompromising standards by MAVI BUILT, these designer homes are nestled in Preston right on the Thornbury fringe - the locals affectionately refer to this pocket as "The hidden gem of the North" because it offers an inner-city lifestyle like no other.Less than 10kms North of the CBD you'll have the 86 tram at your door-step. Excite your senses with the fresh produce at the Preston Market, shop to your hearts content at Northland and discover the pumping caf, eatery and bar culture.Radiating warmth with an interior palette of soft natural materials and muted colours to set a calm ambience that'll enhance your wellbeing. Your future home is set over three-stunning-levels all enriched by a thoughtful floor-plan AND luxury finishes throughoutAs you walk through the front door each townhouse features a stunning formal entrance. There's also a powder-room, lock up garage with a high polish concrete floor and big laundry.LEVEL-TWOAs you walk upstairs you'll discover a spacious open-plan living and dining area. The way the sun light moves around the house from morning till sunset is so beautiful.Designed for easy relaxation and effortless entertaining, full height double glazed sliders seamlessly open to your entertainers balcony. Stylish European Oak timber floor-boards feature through-out, the soft natural tones create a calm ambience.Your chef-inspired inspired kitchen will be a pleasure to use, featuring a waterfall edge stone bench-top, huge in size for cooking prep or eating breakfast on, matte black sink, pendant lights and premium Bosch appliances.LEVEL-THREERetreat to your sanctuary on the top level. Here lies the master bedroom suite featuring a walk-in robe and full ensuite bathroom. There's also a second spacious bedroom and separate central bathroom. Both bathrooms are sleek and indulgent to ensure a tranquil start and end to each day. They feature Prime Oak Woodmatt finish vanities with the flush line doors that quietly open and close with the push of a finger.SPECIAL ADDED FEATURES:-Intercom security system-Bosch appliance package-Premium range 40mm Engineered stone benchtops-Vinyl wrap finish kitchens-minimalist in wall toilets-European Oak timber flooring-Remote lock up garage with polished concrete floor

Property History for 5/588 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Transferred
17 Sep 2025
Listed for Rent
$630/w
30 Jan 2026
  • 30 Jan 2026
    Listed for Rent $630 / week
  • 17 Sep 2025
    Transferred
  • 06 Jan 2025
    Listed for Rent $630 / week
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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 21,609 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 68 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 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.