524 Murray RoadPreston VIC 3072
Property Details for 524 Murray Rd, Preston
524 Murray Rd, Preston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 403m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (June 2026)
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
- 24 May 2025Sold for $1,036,000
- 29 Apr 2025Listed for Sale AUCTION $900,000 - $990,000
- 27 Jul 2022Listed for Rent $500 / week
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About Preston 3072
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,602 properties. Over the last 5 years, Houses in Preston have seen a 1.25% increase in median value, while Units have seen a 9.04% increase. As at 31 May 2026:
- The median value for Houses in Preston is $1,197,462 while the median value for Units is $641,823.
- Houses have a median rent of $700 while Units have a median rent of $570.
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