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204/501 Plenty Road, Preston$500,000
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204/501 Plenty Road

Preston, VIC 3072, Australia
$500,000
2 bed 2 bath 1 car

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About this property

Positioned for convenience and ease, this well-designed apartment offers a low-maintenance lifestyle suited to first home buyers, professionals and investors alike. Its thoughtful layout and quality finishes create a space that is both practical and comfortable. Features include: Engineered timber floors on entry flowing through the main living areas Contemporary stone bathroom and European laundry Open-plan kitchen, living and dining area opening to an entertainer's balcony with city views Kitchen with modern appliances, generous storage and a large island bench Two well-proportioned bedrooms with built-in robes, main bedroom with private ensuite and balcony access Split-system heating and cooling, quality window furnishings and carpets Secure undercover car space with storage cage All positioned within walking distance of local cafés and restaurants, the Plenty Road tram, Preston Station, Preston Market, High Street dining and nearby parklands-offering everyday convenience in a sought-after location.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$25,070
Conveyancing (est.)$2,000
Total upfront$127,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Preston

This 2-bedroom apartment in Preston, VIC 3072 sits within reach of public transport, local shops and nearby schools. It is listed 52% below the $1.05m median of 56 comparable apartmentswithin 5 km.

Schools near Preston

  • East Preston Islamic Collegecombined · Prep-12 · CoEd
  • St John's College Prestoncombined · Prep-12 · CoEd
  • Bell Primary Schoolprimary · Prep-6 · CoEd
  • Newlands Primary Schoolprimary · Prep-6 · CoEd
  • Preston Primary Schoolprimary · Prep-6 · CoEd
  • Preston South Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Stop 51: Wood Street (tram)159 m away
  • Unnamed59 m away
  • A.G. Davis Park181 m away
  • Walter Reserve550 m away
  • Foch Reserve785 m away

Preston at a glance

Full suburb profile
Population
33,790
Median age
37
Household income
$1,844/wk
Median rent
$392/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Preston price trend

Median sold · Unit 2 bed

Compound growth -0.9% / yr over 4 yrs

$550kcurrent median

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