Back 28 Murphy Grove
Off Market

28 Murphy Grove

Preston VIC 3072

2
1
1
House
Last sold for $1,200,000
Keb NguyenKeb Nguyen, last sold this property on 08 May 2026 after 31 days on market.

Overview

Rare Preston Double Play: Character Home and Permits for 3 Townhouses

Whether you're looking to renovate a classic, land-bank for the future, or break ground immediately on a high-end development, 28 Murphy Grove is the "unicorn" you've been searching for. This property offers the best of both worlds: a charming, liveable weatherboard home and endorsed plans and permits for three stunning, architecturally designed townhouses. The Project: Shovel-Ready Excellence Skip the years of planning stress. The hard work has been done, with endorsed plans ready for a sophisticated triple-townhouse development: • Modern Architectural Design: Striking vertical cladding and elegant pitched roofs ensure these residences will be the talk of the street. • Seamless Living: Each home is designed with an emphasis on light, featuring floor-to-ceiling glass and seamless transitions to private outdoor zones. • Smart Site Utilisation: The layout maximises the deep allotment, providing privacy and generous landscaped courtyards for every residence. The Residence: Classic Charm & Immediate Comfort While you finalise your builders, enjoy a highly rentable or liveable character home filled with period details: • Period Features: Polished timber floorboards, high ceilings, and ornate ceiling roses throughout. • Flexible Floor Plan: Features two large bedrooms-a master (4.0m x 3.6m) and a second bedroom (3.3m x 3.1m)-both offering ample space. • Spacious Living: A bright living room (3.6m x 4.2m) with split-system AC, plus a separate formal dining room (3.6m x 3.8m) with a wall heater. • Large Kitchen/Meals: A functional space (4.3m x 4.1m) equipped with a dishwasher and oven. • Massive Backyard: Includes an entertaining deck and a standalone single garage/workshop (3.3m x 6.5m). The Location: Heart of Preston Positioned in one of the North's most consistent growth corridors, you are moments from vibrant cafes, local schools, and extensive parklands. Excellent public transport links provide a direct and easy commute to the CBD. This is a rare opportunity to secure a "triple-threat" development site in a premium pocket. Build the dream or hold for the future-the choice is yours. For a full information pack, including endorsed plans and permits, contact us today. Since the permits are already endorsed, are you planning on starting the build yourself, or are you more interested in the land-banking potential of the existing house?

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 28 Murphy Grove is $1.02m.

Median value
$1.02m
Estimated value range
$771k - $1.61m
Median days on market
24
Estimated value trend
4%
increase 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 28 Murphy Grove

2026
Sold
$1,200,000
08 May 2026 by Keb Nguyen, of Ray White Reservoir
2025
Rented
Undisclosed
Leased on 18 Aug 2025 by Ray White Reservoir
2025
Rented
Undisclosed
Leased on 31 Jul 2025 by Ray White Reservoir

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 houses in Preston

In the last 12 months, 44 two-bedroom houses similar to 28 Murphy Grove, have been sold.

This represents a 7% increase in two-bedroom houses sales when compared to the previous 12 months.

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