OFF MARKET

102/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 64m2
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Property Details for 102/388 Murray Rd, Preston

102/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2016
Floor Size
64m2
Local Government
Darebin
Lot/Plan
102/PS733538

Last Listing description (April 2022)

Hitting the heights of contemporary style in a coveted postcode, embrace a cosmopolitan Preston lifestyle with this modern and magnificent two-bedroom apartment.

As a future resident of the upmarket Murray 388 apartment complex, you stand to benefit from an unbeatable lock-and-leave lifestyle given Preston train station, Preston Market and the famous High Street dining and shopping strip are only footsteps away. And when you see a glimpse of the city skyline from the entertainer's balcony, you'll also realise how close you are to Melbourne's CBD - it's 9km (approx.) to be exact!

The chic open-plan living area captures the essence of modern living with its indoor-outdoor design, light-filled appearance and sleek kitchen (with stainless steel appliances), while two spacious bedrooms (large master with walk-in robe, study nook, ensuite and balcony access) and a stylish main bathroom with an oversized shower offer deluxe accommodation.

Dressed with high quality fixtures and fittings and climate controlled with split-system heating and cooling, this excellent entry into Preston, downsizing option or solid investment also features a basement car park, storage cage, intercom entry, European laundry, access to a communal courtyard and swift access to Gilbert Road trams, bus transport, Melbourne Polytechnic, Northland Shopping Centre, parks and playgrounds.

Property History for 102/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$425,000
09 Apr 2022
Listed for Rent
$410/w
10 Feb 2021
  • 09 Apr 2022
    Sold for $425,000
  • 15 Mar 2022
    Listed for Sale ONSITE AUCTION - $395,000 - $430,000
  • 22 Jan 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.