FOR SALE
$500,000-$550,000

225/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Unbeatable Heart-Of-Preston Living

Here’s an incredible opportunity to enjoy a stress-free lifestyle with outstanding amenities on your doorstep.
Set inside the fashionable Murray 388 apartment complex with incredible solid build is rare in the market, only 9km (approx.) from Melbourne's CBD and within easy walking distance of Preston train station, trendy eateries along High Street, Preston Market, Melbourne Polytechnic, Preston West Primary School, parks and playgrounds, a genuine lock-and-leave living experience is at the core of this high-impact, low-maintenance lifestyle upgrade.
The apartment itself is generous in size , offering huge space for living area, two bedrooms both carpeted, with the master offering a queen sized bed, walk-in-robes, its own private balcony and en-suite access. The second bedroom includes built-in-robes, two single-sized beds with plenty sunlight.
The chic living and dining area showcases open plan living and a contemporary profile offering plenty of space and comfort. Also featuring a well-appointed kitchen for those keen on preparing your meals with stone bench-top, stainless steel cooking appliances, gas cook-top and an integrated dishwasher.
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Property Details for 225/388 Murray Rd, Preston

225/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with EIGHTH QUARTER.

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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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EIGHTH QUARTER
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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.