FOR SALE
$395,00 - $434,000

202/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Carefree Apartment Living with city views!

Offering a carefree lifestyle, this two bedroom apartment offers an excellent investment opportunity for first time buyers, downsizers and commuters.
Immersed in the highly sought-after Preston lifestyle of local cafes and bars, specialty shops and public transport, smart purchasers will love everything this city fringe home has to offer.
A practical floor plan featuring timber flooring and high square-set ceilings showcases an open plan dining/living area and spacious and contemporary kitchen with stone benches and plenty of cupboards. The master bedroom benefits from built in robe and ensuite, whilst the second bedroom is robed and serviced by a deluxe central bathroom.
The large and private courtyard provides plenty of space for outdoor enjoyment adding an extra living zone to the apartment with city views.
Additional features of this outstanding package include separate laundry, NBN connectivity, LED downlights, parking space and storage cage, ducted heating and cooling, video intercom and communal gardens.
Just moments from Preston Market, Preston Train Station, Melbourne Polytechnic, boutique bars and eateries and so much more, inspections will not disappoint.
Enquire today.
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Property Details for 202/388 Murray Rd, Preston

202/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Reservoir.

Building Type
Apartment

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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 20,748 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 751 properties were sold in the past 12 months in Preston.

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