1/427-431 Murray Road, Preston, Vic 3072

Auction $550,000 - $600,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, October 21, 2026 ( See property details for 1/427-431 Murray Road, Preston, Vic 3072)

Auction $550,000 - $600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, light-filled single-level unit with a northeast-facing terrace, offering excellent scope for updates in a prime Preston location.

🏡 Property Highlights

  • Spacious single-level living with natural light and a northeast-facing terrace
  • Generous front villa with scope for updates and personalisation
  • Two sizeable bedrooms with built-in robes
  • Convenient lock-up garage with courtyard access and storage
  • Prime location close to public transport, shops, and parkland
  • Easy walk to trams, buses, local shops, and Preston Market

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Pet-Friendly
  • Internal Laundry
  • Balcony
  • Security Screens / Gates
  • Fly Screens

Preston is a vibrant suburb renowned for its diverse community, excellent public transport options, and abundant parkland. It offers a mix of shopping, dining, and recreational facilities, making it ideal for families and professionals alike. The area boasts a strong sense of community, with easy access to local schools, markets, and outdoor spaces. Its central location provides convenient connectivity to Melbourne’s CBD and surrounding suburbs.

What are the potential renovation options for this unit?
The property offers scope for updates and personalisation, including modernising the kitchen, bathroom, or adding additional features to enhance comfort and value.
Is there parking available for residents and visitors?
Yes, the property includes a lock-up garage with courtyard access, providing secure parking and additional storage options.
How accessible is the property for public transport?
The property is within easy walking distance to trams and buses, offering convenient access to Melbourne’s CBD and surrounding areas.
Are there nearby parks and recreational areas?
Yes, Merri Creek trails and parkland are close by, providing excellent outdoor recreational opportunities.
What local amenities are available nearby?
The property is near Coburg Hill Shopping Centre, Preston Market, and a variety of local shops and cafes, ensuring all daily needs are met.
Are there any upcoming planning or development proposals in the area that could affect the property’s value or environment? What are the council rates and any additional body corporate or strata fees applicable to this unit? Has the property been inspected for any structural issues or defects, especially in the kitchen and bathroom areas? Are there any easements, zoning restrictions, or covenants that could limit future renovations or extensions? Is the property located in a flood or bushfire-prone zone, and what precautions are in place? Are there any planned infrastructure projects or construction activities nearby that could impact living conditions? What are the terms of the current lease or ownership, and are there any restrictions on pets or modifications? Has the property been tested for pests or mould, and are there any ongoing maintenance concerns? Are there any hidden costs associated with the property, such as shared amenities or service charges? What is the history of the property regarding previous repairs, renovations, or insurance claims?

1/427-431 Murray Road, Preston, Vic 3072 - More Details

Auction $550,000 - $600,000

Impressive space, lovely natural light and a generous northeast-facing terrace make this front villa an inviting find. Set within a small block, it offers spacious single-level living with exciting scope to update and add your own style, an easy walk from trams, buses and local shops.

The entrance leads to a large living room, where sliding glass doors connect to the sunny front courtyard. A substantial separate kitchen and meals area adds to the sense of space, with plenty of room for everyday dining.

Two sizeable bedrooms feature built-in robes, while a central bathroom includes a separate bath. A separate laundry opens to the rear courtyard.

With a lock-up garage offering courtyard access, storage, the home has plenty to offer now, with further potential for the future, subject to council approval.

Merri Creek trails and parkland, popular schools (zoned to Preston West PS) and Coburg Hill Shopping Centre are all close by, with High Street, Preston Market and Preston Station also within easy reach.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 24 Oct 12:00 pm

    Saturday 24 October
    12:00 pm - 12:30 pm
  • Inspection Thu 29 Oct 6:00 pm

    Thursday 29 October
    6:00 pm - 6:30 pm

Auctions

  • 1/427-431 Murray Road, Preston, Vic 3072

    Saturday 14 November
    10:30 am
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Map & nearby places — 1/427-431 Murray Road, Preston, Vic 3072

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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