524 Murray Road, Preston, VIC 3072 sold on 24 May 2025 | OnTheHouse
SOLD
Sold on 24 May 2025 - Price Unavailable

524 Murray Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 524 Murray Rd, Preston

524 Murray Rd, Preston is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House

Last Listing description (May 2025)

Perfectly positioned in the heart of Preston, 524 Murray Road presents an outstanding opportunity to secure a spacious, light-filled family home in one of the inner north's most vibrant and convenient locations. This solid three-bedroom, two-bathroom brick residence offers a welcoming and functional layout, ideal for growing families, first-home buyers, or investors looking for long-term value. Upon entry, you are greeted by a generous open-plan living and dining area, designed for comfortable everyday living and effortless entertaining. Natural light floods the space through large windows, creating a bright and airy atmosphere that immediately feels like home.

The well-appointed kitchen sits at the centre of the home, featuring ample bench space, quality appliances, and a practical design that encourages connection to the rest of the home. A standout feature is the large sliding doors that open directly from the kitchen to a spacious rear deck, perfectly blending indoor and outdoor living. The deck provides an inviting space for alfresco dining, morning coffees, or weekend barbecues, all while overlooking the low-maintenance backyard.
Accommodation comprises three oversized bedrooms, each filled with natural light and offering plenty of space for rest, study, or relaxation.

Location is a true highlight, with everything you need just a short stroll away. Preston Market is just around the corner, providing access to fresh produce, boutique shopping, and vibrant local culture. Families will appreciate being within the sought-after Preston West Primary School and Preston High School zones, while commuters will love the easy access to Preston Station and major tram and bus routes, connecting you swiftly to Melbourne's CBD and surrounding suburbs.

Offering a perfect blend of size, natural light, and exceptional convenience, 524 Murray Road is ready to move in and enjoy, while also offering potential to update or personalise over time. This is a rare opportunity to secure a quality home in one of Preston's most popular pockets

Property History for 524 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
24 May 2025
Listed for Rent
$500/w
08 Aug 2022
  • 24 May 2025
    Sold for $1,036,000
  • 29 Apr 2025
    Listed for Sale AUCTION $900,000 - $990,000
  • 27 Jul 2022
    Listed for Rent $500 / 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 21,598 properties. Over the last 5 years, Houses in Preston have seen a 19.31% increase in median value, while Units have seen a 14.23% increase. As at 31 January 2026:

  • The median value for Houses in Preston is $1,255,002 while the median value for Units is $638,635.
  • Houses have a median rent of $640 while Units have a median rent of $550.
There are currently 62 properties listed for sale, and 44 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 950 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Ian Dempsey
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Anthony Pasinetti
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Ray White Preston
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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.