SOLD
Sold on 19 Dec 2023 for $670,000

1/397 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Sold By
MCRATH - IVANHOE
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Property Details for 1/397 Murray Rd, Preston

1/397 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2017. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Year Built
2017
Floor Size
78m2
Local Government
Darebin
Lot/Plan
1/PS739316

Last Listing description (April 2024)

For Sale By Auction, Tuesday 19th December at 6:30pm

An opportunity not to be missed, this immaculately-kept, two-bedroom two-bathroom townhouse offers spacious dimensions and a low maintenance lifestyle. When combined with a convenient Preston location, this home is an unbeatable opportunity for all buyers in the market!
Architecturally designed this spacious home boasts plenty of light throughout with a lush green outdoor entertaining area plus an extra upstairs balcony.

The attention grabbing facade is defined by diverse angles, dimensions and contrasting textures.
Features Include:
- 2 Bedrooms both with built in robes
- 2 Family sized bathrooms
- Open plan kitchen/meals and living area
- Multiple heating/cooling units throughout
- Kitchen with Smeg Stainless Steel appliances, Stone benches & Integrated dishwasher
- Laundry facilities
- Secure basement parking + storage
- Large ground floor rear courtyard + private and secure entry courtyard
- Bonus communal garden space with BBQ offers the perfect place to relax and unwind

Situated within walking distance of Preston Market, High Street shops/cafes, Melbourne Polytechnic, Preston City Oval, HP Zwar Park and zoned to Preston West Primary & Preston High School - this residence truly ticks all the boxes. Don't miss out on this opportunity to experience a premium lifestyle - schedule your inspection today!

Property History for 1/397 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$670,000
19 Dec 2023
Listed for Rent
$460/w
07 Oct 2021
  • 19 Dec 2023
    Sold for $670,000
  • 28 Nov 2023
    Listed for Sale $670,000
  • 27 Sep 2021
    Listed for Rent - Price not available
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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 20,861 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 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 755 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.