SOLD
Sold on 08 Mar 2024 for $355,000

11/400 Murray Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1297m2
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Property Details for 11/400 Murray Rd, Preston

11/400 Murray Rd, Preston is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1297m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
55m2
Land Size
1297m2
Local Government
Darebin
Lot/Plan
11/RP19843

Last Listing description (May 2024)

** ACCEPTABLE OFFER RECEIVED, ALL OFFERS CLOSING 5PM 8TH MARCH**

Tucked away in one of Preston's solid residential blocks, this generously proportioned, ground floor apartment is perfect for any first home buyer, savvy investor or the mature person looking for an opportunity to live in a much sought after location.

Featuring a spacious bedroom with built-in robe, cheerful kitchen and living room, bathroom with bath plus separate shower, separate toilet, enormous laundry, large private courtyard perfect for relaxing, entertaining or pets as well as a car space on title. Picture yourself living in a quiet spot yet within walking distance of public transport, shops, exciting eateries and the Preston Market.

Ready to move in yet with scope for further improvement, you can't go wrong!

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Property History for 11/400 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$355,000
08 Mar 2024
Listed for Rent
$280/w
18 Oct 2022
  • 08 Mar 2024
    Sold for $355,000
  • 29 Feb 2024
    Listed for Sale Under Offer
  • 20 Sep 2022
    Listed for Rent $280 / week
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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 20,867 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.
There are currently 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 768 properties were sold in the past 12 months in Preston.

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