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This property has been sold for $735,001 on 26 May 2026

13 days on market

PropRadar's estimate today

$706,822

Range $635,912 to $753,922

Estimated rent $700 per week

Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.10%
Suburb median (May 2026)
$595,000(+24%)

4/109 Plenty Road, Preston, VIC, 3072

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Asking Price

$690,000 - $740,000

Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.

2 Beds2 Baths1 Cars
Land: 542 m2
Floor: 96 m2

Property overview

This 2-bedroom townhouse at 4/109 Plenty Road in Preston, VIC 3072 sold for $735K in May 2026, with 2 bathrooms and parking for 1. It offers a 542 m2 block and 96 m2 of internal living space. Preston sits about 8.9 km from the CBD, where the median house price is $1.2M. Council data shows no flood or bushfire overlay on the site. 83 schools sit within about 5km, and the area scores 73 for walkability and 100 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $740,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

13

Investment Score

Essentials feature

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Preston at a glance

House market signals | VIC 3072

Full suburb profile

Median

$1.2M

Market signals

To CBD

9 km

Est. Valuation

$797,704

Potential Sell Price

Est. Rent/wk

$633

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 39% below suburb median
542 m2 block
Vacancy rate 1.0%
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

TRZ2

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$740,000
Stamp Duty (Victoria)
$39,470
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$783,670

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Medium Density
Listed
Last Updated
Postcode
3072

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