OFF MARKET

110/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 77m2
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Property Details for 110/388 Murray Rd, Preston

110/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2015
Floor Size
77m2
Local Government
Darebin
Lot/Plan
110/PS733538

Last Listing description (October 2021)

This property will be available for private inspection during the times advertised. It is a requirement for buyers to pre-register before attending any inspection - please contact the agent to arrange this.

Uncompromised lifestyle meets supreme practicality in this well-designed two-bedroom, two-bathroom apartment within the upmarket Murray 388 apartment complex.


Only 9km (approx.) to Melbourne's CBD yet even closer to Preston train station, trendy eateries along High Street, Preston Market, Melbourne Polytechnic, Northland Shopping Centre, parks and playgrounds, this modern Preston apartment offers clean lines and a desirable low-maintenance design in a boutique development.

Located on the first-floor for added security, the apartment's centerpiece is its large Kitchen with huge island bench, which is perfect for preparing and eating all your meals.

Equally impressive is the sleek interior of this smart and stylish abode, which features a bright open-plan living area dressed with contemporary timber floors, a deluxe kitchen with stainless steel appliances, easy-to-clean splash back and stone benchtops and two fully-tiled bathrooms servicing two generous-sized bedrooms (main with ensuite and walk-in robe).
Square-set high ceilings accentuate height and space, while large windows provide loads of natural light, split-system heating/cooling, secure access, secure basement car space (with storage cage and no car stackers) and access to a communal courtyard are further highlights of this fantastic first home or smart investment in Preston's heart.

The complex also includes an abundance of guest parking, beautiful gardens and is only a few steps to Preston Market, Woolworths, Preston Train Station, Restaurants and the Gilbert Road Tram. The property is in the zone for Preston West Primary School and Preston High School. This is the perfect opportunity for the first home buyer, young family, or even the astute investor wanting to add a future-proof apartment to their portfolio.

Property History for 110/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$480,000
04 Sep 2021
Listed for Rent
$420/w
28 Feb 2020
  • 04 Sep 2021
    Sold for $480,000
  • 27 Jul 2021
    Listed for Sale AUCTION POSTPONED - $430,000 - $470,000
  • 29 Jan 2020
    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 20,868 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, 766 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.