Back 512/5 Blanch Street
Off Market

512/5 Blanch Street

Preston VIC 3072

2
1
1
Apartment
Last sold for $400,000
Alastair SurteesAlastair Surtees, last sold this property on 27 April 2026 after 76 days on market.

Overview

Urban Sophistication in the Heart of Preston

Positioned high within a contemporary complex, 512/5 Blanch Street, Preston offers a refined blend of modern design, everyday comfort, and an exceptional inner-north lifestyle. Set in one of Melbourne's most sought-after and vibrant suburbs, this beautifully presented two-bedroom apartment is ideal for those seeking low-maintenance living without sacrificing style or convenience. Step inside to discover a light-filled open-plan living and dining area, thoughtfully designed to maximise space and functionality. Large windows invite an abundance of natural light, while the seamless flow to a covered north-facing balcony creates an inviting extension of the living space - perfect for entertaining guests, enjoying a morning coffee, or unwinding at the end of the day. The sleek contemporary kitchen is both stylish and practical, featuring stone benchtops, quality cabinetry, stainless steel appliances, and ample storage, making it ideal for everyday living or hosting friends and family. Accommodation is equally impressive, with two generously sized bedrooms, both fitted with built-in robes and designed for comfort and privacy. The central bathroom is finished to a high standard, showcasing modern fixtures, clean lines, and a timeless aesthetic. Additional features include secure basement car parking, intercom entry, split-system heating and cooling, and the security and peace of mind that comes with a well-maintained apartment complex. Enjoy an unbeatable lifestyle location just moments from the vibrant cafés, restaurants, and shops of High Street, the renowned Preston Market, public transport options including trams and trains, and a selection of nearby parks and recreational spaces. Everything you need is within easy reach. Perfect for first-home buyers, professionals, downsizers, or savvy investors, this exceptional apartment presents an outstanding opportunity to secure a quality residence in the thriving heart of Preston.

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 512/5 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 512/5 Blanch Street

2026
Sold
$400,000
27 Apr 2026 by Alastair Surtees, of Ray White Reservoir
2024
Rented
Undisclosed
Leased on 26 Jun 2024 by Love & Co Real Estate Epping
2022
Rented
Undisclosed
Leased on 03 Aug 2022 by MRE

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 120 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 512/5 Blanch Street, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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