Back 3 Malpas Street
Off Market

3 Malpas Street

Preston VIC 3072

3
2
6
678 m²
House
Peter NeofytouPeter Neofytou, last sold this property on 02 February 2026 after 23 days on market.

Overview

Expressions of Interest Closing Tuesday 10 February at 5pm

Big land, big future and multiple possibilities! Sitting on a coveted north-facing allotment opposite Ruthven Park, moments from Northland and an easy walk to the tram on Plenty Road, new owners of this classic home will be spoiled for choice as they make their plans. Providing buyers with an exciting opportunity to stamp their style in a truly sought-after pocket, the comfortable brick home offers a lounge that sweeps through to the meals area, an Ilve-equipped kitchen with plenty of storage and preparation options, and two generous bedrooms served by the family bathroom. A separate studio with a full bathroom provides further options for teen or multi-generational living or as a work-from-home space. With its retro charm and character providing a blank canvas for renovation and plenty of room to extend if desired (stca), it provides a perfect opportunity for those looking to enjoy and then enhance as time and budget allow. Alternatively, the combination of position and proportions will immediately appeal to those seeking a new home site or to take inspiration from the neighbours and explore options for a multi-dwelling redevelopment. (stca)

Features

3 bedrooms
2 bathrooms
6 carspaces
678 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 3 Malpas Street is $1.17m.

Median value
$1.17m
Estimated value range
$691k - $1.71m
Median days on market
25
Estimated value trend
2%
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 3 Malpas Street

2026
Rented
Undisclosed
Leased on 27 Mar 2026 by Adio Properties Pty Ltd
2026
Sold
Undisclosed
Private Sale/Treaty on 02 Feb 2026 by Peter Neofytou, of Nelson Alexander Preston

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 121 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 152 three-bedroom houses similar to 3 Malpas Street, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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