504/503 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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504/503 Plenty Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 1017m2
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Property Details for 504/503 Plenty Rd, Preston

504/503 Plenty Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 1017m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2019
Floor Size
71m2
Land Size
1017m2
Local Government
Darebin
Lot/Plan
504/PS802494

Last Listing description (July 2021)

Wake up to one of the best views in Preston inside this showstopping two-bedroom apartment in the heart of the iconic High Street lifestyle precinct.

Capturing spectacular views towards the twinkling lights of the CBD and dramatic sunsets in the west, it's a fitting centrepiece to a luxurious top-floor apartment that lavishes its occupants with a magnificent open-plan living area, seamless indoor-outdoor living, superior finishes, two deluxe bathrooms and a chic character.

Watch Melbourne's firework display light up the night sky on New Year's Eve from the huge entertainer's balcony, while full-length windows also allow you to enjoy the sweeping panoramic view from the comfort of the sun-kissed open-plan living domain, enhanced with square-set high ceilings and engineered timber floorboards.

A gourmet kitchen is keen to steal the limelight from the breathtaking vistas with its island breakfast bench, captivating stone benchtops, quality stainless steel appliances and sleek cabinetry, while two fully-tiled bathrooms deliver a world of luxury to two carpeted bedrooms.

Climate-controlled with split-system heating/cooling, this instant lifestyle upgrade also features secure entry, lift access, European laundry, ample storage, secure basement parking and more.

Add to the mix an unbeatable lifestyle location within short walking distance of popular local eateries, Preston Market, Preston train station, the No.86 tram, bus services, Preston Town Hall Reserve, Preston Library and Darebin Childcare and Kindergarten and it's easy to see why this is the pinnacle of high-end lock-and-leave living in Preston's premier lifestyle precinct.

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Property History for 504/503 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$577,000
16 Jul 2021
Listed for Rent
$480/w
11 Feb 2020
  • 16 Jul 2021
    Sold for $577,000
  • 25 May 2021
    Listed for Sale $585,000
  • 31 Dec 2019
    Listed for Rent $480 / 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.

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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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