5/534 Plenty Rd

Off Market

5/534 Plenty Rd

Preston VIC 3072

70 m²

123 m²

Townhouse

Last sold for $705,000

Ian Dempsey, last sold this property on 09 November 2026 after 40 days on market.

Overview

The Last on the Block, First in Privacy

An excellent opportunity awaits in a convenient Preston setting, where this privately positioned double-storey residence offers a practical combination of space, privacy, security and low-maintenance living. Positioned as the final unit on the block, the home provides a sense of separation and privacy that is increasingly sought after. Set across two levels, the home provides a functional layout designed to offer comfortable everyday living while making the most of its private position. With two bedrooms, a dedicated study space, central bathroom, separate additional toilet and single garage, the property presents an appealing opportunity for first-home buyers, couples, downsizers and investors seeking a well-positioned residence in an established location. The double-storey design provides a natural separation between the living and sleeping zones, creating a practical home that offers flexibility and comfortable accommodation. The two bedrooms are complemented by a dedicated study space, providing a practical area for working from home, studying or managing everyday tasks. A private outdoor courtyard provides a quiet space to enjoy some fresh air or entertain, while the central bathroom and additional toilet add convenience for residents and guests. The single garage provides secure off-street parking and valuable additional storage. One of the property's standout features is its position as the last residence on the block. With no other properties beyond it, the home benefits from an enhanced sense of privacy and security, creating a more secluded environment than many comparable units. This unique positioning adds to the overall appeal and provides buyers with an important point of difference. For first-home buyers, the property provides an opportunity to secure a low-maintenance residence in a well-connected location, with the added benefit of a layout that offers more separation than a traditional single-level unit. The dedicated study space further enhances its functionality, providing valuable flexibility for today's work-from-home and study requirements. For downsizers, the manageable accommodation, study space and secure garage provide practicality without compromising on privacy, while investors will appreciate the property's established location and broad appeal to prospective tenants. The double-storey configuration also makes the residence particularly appealing to those looking for a home that feels distinct from a typical unit. With the bedrooms positioned separately from the main living areas and the added flexibility of a dedicated study space, the layout provides a comfortable sense of space and privacy while remaining easy to maintain. Situated along Plenty Road in Preston, the property is conveniently located close to a wide range of local amenities, including shops, cafes, schools, public transport, parks and major road connections. With the many lifestyle and everyday conveniences of Preston within easy reach, the location provides an ideal balance of accessibility and established suburban living. Whether you're looking for your first home, a practical residence with work-from-home flexibility, or an addition to your investment portfolio, 5/534 Plenty Road presents an opportunity to secure a private and well-positioned residence with a point of difference that is difficult to replicate.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

70 m² floor area

123 m² lot size

Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Preston over the last 12 months, the estimated median property value of 5/534 Plenty Rd is $730k.

Median value

$730k

Estimated value range

$568k - $950k

Median days on market

Estimated value trend

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 5/534 Plenty Rd

2026

Sold

$705,000

09 Nov 2026 by Ian Dempsey, of Ray White Preston

2022

Rented

Undisclosed

Leased on 01 Sep 2022 by Ray White Preston

2019

Rented

Undisclosed

Leased on 26 Aug 2019 by Ray White Preston

Happy sellers in Preston

92%

92% 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 110 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom townhouses in Preston

In the last 12 months, 72 two-bedroom townhouses similar to 5/534 Plenty Rd, have been sold.

This represents a 6% increase in two-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Preston for a free market appraisal.

Sahil Bhasin

at Bricks and Mortar RE

(90 reviews)

Get a free market appraisal

Ian Dempsey

at Ray White Preston

4.9

(512 reviews)

Get a free market appraisal

Josie Galati

at hockingstuart Preston

4.9

(162 reviews)

Get a free market appraisal

George Gimelli

at Ray White Preston

(60 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Preston

Sahil Bhasin

Sahil Bhasin is an award winning recommended agent for Preston. They have 34 local sales and collected 26 local reviews across the last 12 months.

5 (90 reviews)
26 Reviews in Preston
34 Sales in Preston

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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Preston. They have 44 local sales and collected 18 local reviews across the last 12 months.

4.9 (512 reviews)
18 Reviews in Preston
44 Sales in Preston

View profile

Josie Galati

Sellers who recommend Josie Galati have praised them for being clear communication, supportive, responsive, local expert, pleasant, well-prepared and reliable