Back 204/501 Plenty Road
Off Market

204/501 Plenty Road

Preston VIC 3072

2
2
1
Apartment
Last sold for $500,000
Mario LambiaseMario Lambiase, last sold this property on 08 May 2026 after 58 days on market.

Overview

Prime Position, Easy Living

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.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Preston over the last 12 months, the estimated median property value of 204/501 Plenty Road is $545.5k.

Median value
$545.5k
Estimated value range
$350k - $926k
Median days on market
31
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Preston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 204/501 Plenty Road

2026
Sold
$500,000
Sold Before Auction on 08 May 2026 by Mario Lambiase, of George Real Estate
2023
Sold
$501,500
12 Oct 2023 by Ian Dempsey, of Ray White Preston
2021
Rented
Undisclosed
Leased on 03 May 2021 by Prestige Group Real Estate

Happy sellers in Preston

95%
95% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 122 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom apartments in Preston

In the last 12 months, 182 two-bedroom apartments similar to 204/501 Plenty Road, have been sold.

This represents a 3% increase in two-bedroom apartments sales when compared to the previous 12 months.

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