8/553 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

8/553 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8/553 Murray Rd, Preston

8/553 Murray Rd, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2016. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Townhouse
Year Built
2016
Local Government
Darebin
Lot/Plan
8/PS739413

Last Listing description (November 2021)

TWO BEDROOM DELIGHT!

*Please contact the agent to register for the open for inspection and Auction (Note: Government requirements: entrants must be fully vaccinated and show their status via the Service Victoria app upon arrival), or alternatively if status is unknown private appointments may be available on an individual basis.

This townhouse offers and abundance of space (approx. 130sqm), privacy and natural light. Offering a magnificent modern lifestyle thanks to its intelligent design elements and prime location with close proximity to Preston's key amenities. Bathed in natural light, the versatile open-plan living and dining areas are serviced by large kitchen with island breakfast bar, ample storage and stainless steel appliances. Other stand-out features of the home include split-system heating and cooling, laundry and guest powder room (second WC), plus a sunny balcony (from the living area) and internally accessed garage (remote-control. Positioned for absolute convenience walking distance to the tram stop, Preston market and the open spaces of Zwar Park, it also offers easy access to local primary schools as well as Preston Station, High Street shops and local amenities.

All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code, show your vaccination status via the Service Victoria app, wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.

Property History for 8/553 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$651,000
16 Nov 2021
  • 16 Nov 2021
    Sold for $651,000
  • 26 Oct 2021
    Listed for Sale Auction $580,000 - $620,000
  • 22 Jun 2021
    Listed for Rent $380 pw/ $1651 pm
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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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 933 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.