Back 507/5 Blanch Street
Off Market

507/5 Blanch Street

Preston VIC 3072

2
1
1
Apartment
Last sold for $350,000
Ian DempseyIan Dempsey, last sold this property on 11 August 2025 after 55 days on market.

Overview

Sunsets, Style & City Living - All in One

Soaring above the heart of Preston, this stylish 2-bedroom apartment at 507/5 Blanch Street captures spectacular city skyline views and delivers a lifestyle of ease, elegance, and unbeatable convenience. Set on the fifth floor, the home offers an elevated living experience with light-filled interiors, a contemporary open-plan layout, and a private balcony where you can soak in breathtaking sunsets over Melbourne's CBD. Both bedrooms are generously proportioned and thoughtfully designed for comfort, while the sleek kitchen features quality appliances and plenty of storage, flowing effortlessly into the living and dining area. Whether you're entertaining or enjoying a quiet night in, the panoramic outlook provides a stunning backdrop to everyday life. Located in one of Preston's most vibrant and well-connected pockets, you're just steps from Preston Market, boutique cafes, High Street shopping, and Bell Station - with the city only a short train ride away. Enjoy weekends exploring nearby parks, dining out at local favourites, or commuting with ease thanks to excellent public transport and bike-friendly streets. Offering the perfect balance of inner-city energy and suburban comfort, this impressive apartment is ideal for professionals, first-home buyers, or investors looking for a property with broad lifestyle appeal and incredible views.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 507/5 Blanch Street is $550k.

Median value
$550k
Estimated value range
$350k - $926k
Median days on market
31
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 507/5 Blanch Street

2025
Sold
$350,000
11 Aug 2025 by Ian Dempsey, of Ray White 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 2 bedroom apartments in Preston

In the last 12 months, 189 two-bedroom apartments similar to 507/5 Blanch Street, have been sold.

This represents a 2% increase in two-bedroom apartments sales when compared to the previous 12 months.

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