518 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

518 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 149m2
Land area: 505m2
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Last updated 19 Jan 2026
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Property Details for 518 Murray Rd, Preston

518 Murray Rd, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 505m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last transferred in August 2002.

Building Type
House
Year Built
1920
Floor Size
149m2
Land Size
505m2
Local Government
Darebin
Lot/Plan
2/TP664612

Last Listing description (April 2021)

This Californian Bungalow features baltic pine floors, lead light windows, high strapped ceilings, original fretwork, plate rails and heritage coloured walls complimented by dark stained timber strapping create warm and inviting interior spaces. Three double bedrooms served by a bathroom with claw foot bath, formal dining room, formal lounge with OFP & updated kitchen provide current family living in classic surrounds. With a deep alfresco veranda overlooking the north facing rear garden, second toilet, ducted heating, large fitted workshop, off-street parking. Located close to bus, tram & train and within a short walk to the iconic Preston Market & High Street's multicultural eateries,

To make an inspection booking, please select 'request an inspection' and follow the prompts, or contact our office directly either by phone 03 9478 0011 or email reservoir@stockdaleleggo.com.au

Property History for 518 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Transferred
26 Aug 2002
Listed for Rent
$650/w
23 Apr 2021
  • 09 Mar 2021
    Listed for Rent $650 / week
  • 04 Feb 2020
    Listed for Rent $630 / week
  • 07 Nov 2018
    Listed for Rent - Price not available
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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, 932 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.

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.

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