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Sold on 19 Oct 2024 for $725,000

15/397 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
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Nelson Alexander Reservoir
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Property Details for 15/397 Murray Rd, Preston

15/397 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2017. The property has a floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Year Built
2017
Floor Size
102m2
Local Government
Darebin
Lot/Plan
15/PS739316

Last Listing description (October 2024)

Set well back from the street, this modern townhouse integrates a creative design with top-quality features to deliver a lifestyle of low-maintenance perfection that's both blissfully quiet and enviably convenient.

The leafy front courtyard gives way to a refined interior showcasing two generous bedrooms with built-in robes complemented by a deluxe ensuite and equally-stylish main bathroom - both with frameless showers and floor-to-ceiling tiles.

Spacious, versatile and filled with natural light, the open-plan living/dining area is accompanied by a sleek stone-bench kitchen complete with soft-close cabinetry, Smeg cooking appliances and integrated dishwasher.

High square-set ceilings, split-system heating/cooling, European laundry facilities and extra-large storage cupboards all add to the allure, plus a full-width balcony, private courtyard, secure lower-level parking space and bike room.

A short stroll to Gilbert Road trams, local buses and Preston Station, it's also close to High Street cafes, specialty shops and the buzz of Preston Market, along with popular parks, schools and Melbourne Polytechnic.

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Property History for 15/397 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$725,000
19 Oct 2024
Listed for Rent
$435/w
31 Aug 2021
  • 19 Oct 2024
    Sold for $725,000
  • 25 Sep 2024
    Listed for Sale Auction $650,000 - $695,000
  • 26 Aug 2021
    Listed for Rent $435 / 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 20,886 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 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 754 properties were sold in the past 12 months in Preston.

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