11/396 Murray RoadPreston VIC 3072
Property Details for 11/396 Murray Rd, Preston
11/396 Murray Rd, Preston is a 1 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 1160m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (November 2022)
Perfectly located on the ground floor, this beautiful one-bedroom apartment is ideal for starters or savvy investors.
With nothing to do but move in, this stylishly renovated property boasts light-filled living with timber paneling feature wall, thoughtful kitchen design with subway tiles, soft close cabinetry and European appliances.
Spacious double bedroom with built-in robes and stunning outlook onto the cute courtyard will be a dream for any buyer. The bathroom is stunning with floor to ceiling tiles and offering deluxe frameless shower, niche and adjustable showerhead.
Other features include massive outdoor space perfect for gatherings and your own personal veggie patch, separate laundry & car space.
Nestled securely at the rear of the block this property is walking distance to vibrant High St eateries and bars, public transport and convenient access to Preston Market and Centre and the CBD.
Please note that purchasing for investment purposes is subject to appropriate due-diligence of newly appointed compliance laws and regulations.
Property History for 11/396 Murray Rd, Preston, VIC 3072
- 14 Jul 2021Sold for $424,999
- 24 May 2021Listed for Sale $400,000 - $440,000
- 15 Feb 2020Sold for $352,000
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0About 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 20,867 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.
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