109/49 Plenty Road, Preston VIC 3072

109/49 Plenty Road, Preston VIC 3072
2 bed, 1 bath, 1 car apartment | 67 mยฒ floor area | Preston major road corridor | prior 2007 sale price reference This apartment’s 67 mยฒ floor area is considered functional for a two-bedroom configuration, offering a practical layout that suits first-home buyers or investors seeking a low-maintenance holding in an established inner-north suburb. Its location on Plenty Road provides direct access to public transport and local amenities, which supports steady rental demand. The property is best suited to buyers who prioritise convenience and a reasonable entry point into Preston, rather than those seeking a premium or recently renovated finish. The property’s position on a major road may be considered a material factor, as it could influence both noise levels and resale appeal compared to quieter side-street alternatives. The absence of verified information on floor level, aspect, or internal condition means the value should be assessed primarily on the known floor area and historical sale context. A prospective buyer might weigh how these unknowns could affect long-term capital growth relative to other units in the area.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 109/49 Plenty Road, Preston VIC 3072
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Market Insight:

Preston is a well-established, family-oriented suburb with strong professional demographics and excellent connectivity to Melbourne’s CBD, underpinning steady demand. The market is primarily driven by owner-occupying families, reflected in robust house sales and stable capital values, while the unit segment presents a more varied performance. Recent conditions show houses transacting efficiently, supported by rental growth, though modest price appreciation and divergent unit trends indicate sensitivity to broader economic factors. Future appeal is anchored in its infrastructure and established character, with the key constraint being the softer performance of the apartment market.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

2780mยฒ

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