547 Murray RoadPreston VIC 3072
Property Details for 547 Murray Rd, Preston
547 Murray Rd, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 700m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Preston in the last 12 months.
Last Listing description (October 2025)
Positioned in a thriving pocket of Preston, this original 3-bedroom home presents an exceptional opportunity for those looking for a renovation opporunity, developers, or those ready to build their dream home. Set on a generous 700m² (approx.) allotment with wide street frontage, the possibilities here are endless.
Surrounded by quality schools, public transport, local parks, and just moments from Northland Shopping Centre and Preston Market, Restaurants and cafes, the location is as impressive as the potential. This supberb location also offers short distance to Sydney Rd Shops, Coburg Market, community support ammenities and hospitals. With a wide frontage and deep block, the site lends itself to a stunning single dwelling build or even a multi-unit development (STCA), all in a well-connected and highly sought-after suburb less than 10km from Melbourne's CBD.
Whether you're looking to knock down and rebuild, develop (STCA), or landbank for future growth, this property offers the ideal foundation in one of Preston's most well-connected locations.
Photo ID required at all open for inspections.
Property History for 547 Murray Rd, Preston, VIC 3072
- 13 Apr 2026Listed for Rent $650 / week
- 04 Oct 2025Sold for $955,000
- 04 Sep 2025Listed for Sale $828,000 - $910,000
Recent sales nearby
See more recent sales nearby/assets/perm/fflnrv56j4i6nkbar7qytz3uzm?signature=25228695e157b40a39db805ab2e7817aa612fb75949d9ff7e6bd5d3a4c28f026){kind=logo}
0/assets/perm/2ythnen6tai6njx2l6mmjd4woi?signature=749023a1fdfac4344efff320fcd62725f789b5839b5d0e0e53a931d79682d8f0){kind=logo}
0
/assets/perm/coxkyov5ymi63kofapzopsg4ba?signature=ecb657961a219f6180d3611dce8a9532203488d2ec487649aa5f4ba23bb3762f){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 21,625 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.
Suburb Insights for Preston 3072
Market Insights
Preston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Preston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
