672 Plenty RoadPreston VIC 3072
Property Details for 672 Plenty Rd, Preston
Last Listing description (August 2017)
A rare opportunity to secure this well positioned property for the astute owner occupier, investor or developer. This unique, proposed design features impressive proportions and is positioned in one of the ultimate Reservoir addresses, sitting on the Preston border, within steps to Plenty Road Tram and situated between the Preston Market Precinct, Northland Shopping Center and Summerhill Shops, it is within moments of all necessities. Currently tenanted for commercial use and sitting on 199m2, it has plans and permits for 2 x 2 bedroom apartments, 1 x 1 bedroom apartment plus study and a commercial premises. With the impressive outlook, this is an opportunity not to be missed.
Property History for 672 Plenty Rd, Preston, VIC 3072
- 01 Dec 2022Transferred
- 23 Nov 2017Sold for $635,000
- 03 Feb 2017Listed for Sale Contact Agent
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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.
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