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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

35 Malpas Street, Preston VIC 3072

Price Guide: $2,590,000

Listed: 3rd May 2026
Updated: 59 days ago
Overview

This brand-new custom-built residence is one of Preston's finest homes, offering four bedrooms, three bathrooms, and a study, all set on approximately 702 square meters of land. The property showcases extravagant proportions and premier finishes across two sophisticated levels, designed to meet the needs of modern family living and entertaining.

The meticulously maintained gardens create a remarkable first impression, complemented by an extra-wide entrance hall and elegant herringbone timber floors throughout the home. The expansive living domain is a standout feature, large enough to accommodate three distinct living zones. These include a lounge with Venetian plaster surrounds and a gas log fireplace, a sunlit dining area, and an additional sitting space. This oversized living area is ideal for those who enjoy entertaining, enhanced by a fabulous marble-lined kitchen that seamlessly connects to alfresco dining and terraced rear gardens.

The kitchen is fitted with 900mm Bosch appliances and boasts endless storage options, including waterfall counters on the island. A lavish butler’s pantry with a second Bosch oven further complements the kitchen, both areas opening to alfresco entertaining through stylish bifold windows.

Upstairs, the home continues to impress with a wide, sunlit staircase leading to a spacious retreat. Double doors open to a versatile study, which can also serve as a fifth bedroom, providing flexible living options.

The bathrooms are exclusive and feature marble finishes with dual basin vanities. The grand bedrooms include fitted robes, with two master suites offering walk-in robes and luxurious ensuites adorned with extensive marble detailing. Additional conveniences include a separate laundry, two powder rooms, double glazing, water tanks, an alarm system, video entry, and heating and cooling throughout the home.

Parking is well catered for with a double garage featuring remote control and internal entry, plus additional off-street parking.

Offering approximately 55 squares of streamlined family living, this property is situated in a premier lifestyle location. It is just moments from Plenty Road trams and its growing café scene, Northland shopping centre, cinemas, and bus routes. Nearby local parks such as W Ruthven Reserve and schools, including zoning to Preston High School, add to the appeal. The home is also within easy reach of cosmopolitan High Street, the iconic Preston Market, and Preston Station.

Property Features
  • Study
Local Market Insights

In Preston, Quiet Listings observed 29 new houses entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $1,252,241. The property type mix of listed properties is predominantly Houses at 40%, followed by apartments (26%), and townhouses (15%). Nelson Alexander was the most active agency in this area, representing 20.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
Price Guide: $2,590,000
Price Guide: $2,750,000
Price Guide: $2,795,000
Contact Agent
$2,400,000 - $2,640,000
$2,600,000 - $2,850,000
Auction
Location
35 Malpas Street
Preston VIC 3072
Market Insights for Preston VIC 3072
New Listings (last 30 days)
29
Average price
$1,252,241
Lowest price
$790,000
Highest price
$2,000,000
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