OFF MARKET

112/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 112/388 Murray Rd, Preston

112/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2015
Floor Size
74m2
Local Government
Darebin
Lot/Plan
112/PS733538

Last Listing description (January 2022)

Surrounded by sought-after amenities in the vibrant heart of Preston, this is an exceptional opportunity for savvy investors, first-time buyers and busy commuters. Immaculate and impressive with contemporary appeal, 112/388 Murray Road is a first-class find!

Introducing square-set high ceilings, a modern colour palette and stylish timber-look flooring, the open-plan layout promises effortless evenings and seamless socialising. The air-conditioned living/dining zone is spacious and comfortable, connecting with ease to both the private entertainer's balcony and the gleaming designer kitchen.

Perfect for sharers, the master benefits from a sparkling en suite and private balcony access, while the secondary bedroom is serviced by the deluxe central bathroom.

Highlights include a discrete Euro laundry, NBN connectivity, a video intercom, LED downlights, stone benchtops, roller blinds, extra-large showers, a single basement parking space with a storage cage and beautiful communal gardens.
The real win here is the prime central location which benefits from desirable doorstep convenience. Within a short walk, amenities include Preston Station, Preston Market, boutique bars and eateries, Melbourne Polytechnic, trams, parks and bus stops.
With nothing left to do but relax in style, this is a no-brainer. Let's talk today!
Property specifications
Two-bedroom, two-bathroom contemporary apartment
Open light-filled layout with air-conditioned living/dining zone
Designer kitchen with stone benchtops, glass splashback, high-gloss cabinetry, electric oven, gas cooktop, dishwasher and undermount sink
Two carpeted bedrooms with built-in robes
Central bathroom and en suite - both with large showers and stone-top vanities
Private balcony with dual access from living and master
Euro laundry, video intercom, LED downlights, high ceilings with square-set cornices, additional storage, NBN connection and roller blinds throughout
Secure basement parking space with storage cage
Communal gardens
Walk to shops, train station, trams, buses, schools and parks
9km from CBD

Photo ID required at all open inspections

As per the Government Directions, you must be fully vaccinated (or have a valid exemption) to attend any of our Open Homes or On Site Auctions. Simply show the Agent your green tick when scanning the QR Code at the door, or produce Proof of Vaccination or Exemption.
If you are unvaccinated or partially vaccinated, we can introduce you to the property via a private inspection. Please contact the agent to schedule a private inspection.

Property History for 112/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$480,000
15 Nov 2021
  • 15 Nov 2021
    Sold for $480,000
  • 28 Sep 2021
    Listed for Sale Private Sale $480,000
  • 12 Jun 2016
    Sold for $442,500

Commute Calculator

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 20,792 properties. Over the last 5 years, Houses in Preston have seen a 32.89% increase in median value, while Units have seen a 14.94% increase. As at 31 July 2024:

  • The median value for Houses in Preston is $1,168,519 while the median value for Units is $604,072.
  • Houses have a median rent of $615 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 785 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.