FOR SALE
AUCTION $400,000 - $440,000

221/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Auction Time
Sat 30 Nov 1:00 pm
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No upcoming inspections scheduled.
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Cosy, Contemporary, and Convenient

Step into modern living with this stunning 2-bedroom apartment located in the heart of Preston. Featuring spacious open-plan layouts, contemporary finishes, and an abundance of natural light, this home is designed for both comfort and style, perfect for the first home buyer, investor or downsizer.
The contemporary kitchen boasts high-quality stainless-steel appliances, spacious countertops, and ample storage, making it a chef's delight. Two spacious bedrooms come equipped with built-in wardrobes, ensuring plenty of storage and a tranquil retreat for restful nights. The sleek bathroom features modern fixtures and finishes, providing a serene space to unwind, with the ensuite providing complete privacy.
Step outside to your own private balcony, ideal for morning coffee or evening relaxation while enjoying views of the surrounding area. All of this whilst being in Close proximity to Preston Station, Preston Market, Shops, Schools, transport and other amenities.
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Property Details for 221/388 Murray Rd, Preston

221/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Preston.

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 20,885 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 754 properties were sold in the past 12 months in Preston.

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Mathew Marotta
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Alannah Savvides
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Ray White Preston
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