650-652 Plenty Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

650-652 Plenty Road
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 726m2
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Property Details for 650-652 Plenty Rd, Preston

Building Type
Land
Floor Size
250m2
Land Size
726m2
Local Government
Darebin
Lot/Plan
1/PS429946

Last Listing description (March 2023)

Gross Waddell ICR is pleased to offer 650-652 Plenty Road, & 121 Rene Street, Preston. A permit approved four (4) level mixed use development opportunity which includes a ground floor caf and rooftop terrace.

Ideally situated in a prime corner position in one of Melbourne's thriving inner Northern suburbs. A short distance to Northland shopping centre and High Street retail shopping strip where you'll find busy restaurants, bars, cafes, supermarkets, and boutique retailers.

- Significate land holding 920m2*

- Approved Permit: Four (4) level mixed use development
- Approved for 21 apartments, 1 ground caf plus a rooftop terrace
- A combined street frontage of 65m* (25m* Plenty Rd and 40m* Rene St)
- Rear R.O.W access
- Mixed Use Zone (MUZ1)
- Current improvements: Car yard with sales office & 2 level residential brick house
- Public transport: a short walk to tram stops
- Minutes from La Trobe University, Northland Shopping Centre, Summerhill Shopping Centre and High Street retail strip

*Approx

Please contact the exclusive sales agents from Gross Waddell ICR for further information.

Property History for 650-652 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,500,000
13 Jul 2016
Listed for Rent
$48/w
30 Nov 2021
  • 17 Feb 2022
    Listed for Sale Contact Agent
  • 24 Oct 2019
    Listed for Rent $2,500 / month
  • 09 Aug 2019
    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 21,614 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.
There are currently 67 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 948 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
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.