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137 Murray Road, Preston VIC 3072

$900,000 - $990,000

Search Band Search Visibility Band

$900k - $950k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 3 Cars 488 m²

Listed: yesterday

Overview

Set on a generous 488 square metre allotment in Preston, this classic weatherboard residence offers a compelling blend of space, comfort, and potential. The property’s original structure has undergone thoughtful cosmetic updates, presenting a fresh canvas that invites personalization and enhancement suited to contemporary tastes.

The home’s layout supports functional living with three well-sized bedrooms, two of which feature built-in wardrobes, providing convenient storage options. Central to the design is a bathroom and an additional powder room, complemented by a separate laundry, contributing to household ease and efficient daily routines.

Comfort is assured year-round with split-system heating and cooling, creating a pleasant environment regardless of season. The living areas and kitchen afford comfortable communal spaces, adaptable for various lifestyle needs and social configurations.

Outdoors, the substantial backyard offers ample room for recreational activities, gardening, or potential enhancements such as extensions or entertaining areas. A large shed accessed via a rear laneway adds considerable utility, serving as storage or additional parking, increasing the property’s versatility.

Convenience is a key highlight, with proximity to Preston Market, Northland Shopping Centre, and the Plenty Road tram. The location further benefits from being near High Street’s café and dining precincts, along with local parks and recreational facilities. The property falls within the catchment areas for Preston Primary School and Preston High School, which enhances its appeal to families focused on education.

This residence presents an excellent opportunity for buyers seeking a comfortable family home or an investment property with inherent potential in a well-established and accessible suburb.

Local Market Insights

In Preston, Quiet Listings observed 27 new houses entering the market over the last 30 days, down from 29 during the previous 30-day period, with an average advertised asking price of $1,222,222. The property type mix of listed properties is predominantly Houses at 44%, followed by townhouses (25%), and apartments (13%). The most active agency for houses in the Preston area is currently Nelson Alexander, representing 37% of new listings, followed by Ray White with 19%. 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.