FOR SALE
$425,000 - $465,000

128/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 85m2
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Oversized Apartment with Entertainer’s Kitchen and Abundant Natural Light

Expressions of Interest – Closing Friday 31 January 2025
Step into a lifestyle of contemporary comfort and convenience with this impeccably designed two-bedroom, two-bathroom apartment, nestled in a highly sought-after pocket of Preston.
Positioned on the first floor, this spacious residence offers privacy, security, and a host of premium features. The heart of the home is the entertainer’s kitchen, showcasing a generous dining space and breakfast bar, sleek stainless-steel appliances, a striking splashback, and sophisticated stone benchtops.
The open-plan living area, accentuated by stylish timber flooring and square-set high ceilings, is flooded with natural light from expansive windows off the primary balcony, creating a warm and inviting atmosphere. Two generously sized bedrooms include a master suite with a walk-in robe, a study nook, an ensuite, and private balcony access. Both the master ensuite and main central bathrooms are fully tiled, delivering a touch of luxury.
Additional highlights include split-system heating and cooling for year-round comfort, European laundry facilities, secure entry, lift access, and a basement car space with a storage cage—free from the hassle of car stackers. The complex offers ample guest parking, beautifully landscaped communal gardens, and a serene courtyard to enjoy.
Located just moments from Preston Market, multiple supermarkets, Preston train Station, vibrant dining options, and the Gilbert Road tram, this home provides exceptional lifestyle benefits. Families will appreciate zoning for Preston West Primary School and Preston High School.
Whether you're a first-time buyer, an investor, or looking to downsize in style, this future-proof apartment is an unmissable opportunity in the heart of Preston.
Contact Sahil Bhasin – 0403 630 215
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Property Details for 128/388 Murray Rd, Preston

128/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 85m2 and floor size of 85m2. The place is currently for sale with Bricks & Mortar Real Estate.

Building Type
Apartment
Floor Size
85m2
Land Size
85m2

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation. In 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 21,010 properties. Over the last 5 years, Houses in Preston have seen a 16.22% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Preston is $1,135,746 while the median value for Units is $616,510.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 68 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 787 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Sahil Bhasin
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Rosemary Sarr
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Bricks & Mortar Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.