507/5 Blanch StreetPreston VIC 3072
Property Details for 507/5 Blanch St, Preston
507/5 Blanch St, Preston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Apartment sold in Preston in the last 12 months.
Last Listing description (August 2025)
Soaring above the heart of Preston, this stylish 2-bedroom apartment at 507/5 Blanch Street captures spectacular city skyline views and delivers a lifestyle of ease, elegance, and unbeatable convenience. Set on the fifth floor, the home offers an elevated living experience with light-filled interiors, a contemporary open-plan layout, and a private balcony where you can soak in breathtaking sunsets over Melbourne's CBD.
Both bedrooms are generously proportioned and thoughtfully designed for comfort, while the sleek kitchen features quality appliances and plenty of storage, flowing effortlessly into the living and dining area. Whether you're entertaining or enjoying a quiet night in, the panoramic outlook provides a stunning backdrop to everyday life.
Located in one of Preston's most vibrant and well-connected pockets, you're just steps from Preston Market, boutique cafes, High Street shopping, and Bell Station - with the city only a short train ride away. Enjoy weekends exploring nearby parks, dining out at local favourites, or commuting with ease thanks to excellent public transport and bike-friendly streets.
Offering the perfect balance of inner-city energy and suburban comfort, this impressive apartment is ideal for professionals, first-home buyers, or investors looking for a property with broad lifestyle appeal and incredible views.
Property History for 507/5 Blanch St, Preston, VIC 3072
- 01 Aug 2025Sold for $350,000
- 17 Jun 2025Listed for Sale Under Offer
- 27 Jan 2015Sold for $342,000
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 21,610 properties. Over the last 5 years, Houses in Preston have seen a 16.08% increase in median value, while Units have seen a 10.01% increase. As at 28 February 2026:
- The median value for Houses in Preston is $1,251,239 while the median value for Units is $636,892.
- Houses have a median rent of $650 while Units have a median rent of $550.
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