OFF MARKET

29/388 Murray Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
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Property Details for 29/388 Murray Rd, Preston

29/388 Murray Rd, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2016
Floor Size
55m2
Local Government
Darebin
Lot/Plan
29/PS733538

Last Listing description (February 2021)

*COVID-19 Announcement*

If you're attending an inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team and refrain from touching any items/fixtures and doors within the property. Additionally, you might be asked to wear a mask and use hand sanitiser as a request on behalf of the occupier and, if you would like to view something in particular, please request the agent's assistance. Thank you.

Exceptional Lifestyle, Brilliant Location

With the Gilbert Road tram, Preston train station, the iconic Preston Market, boutiques, a wide variety of cafes, restaurants and takeaways introducing cuisine from around the world all virtually at the door, an extraordinary lifestyle location is just the start of the long list of appealing attributes of this sleek, stylish apartment. Tucked away on the ground floor of the decidedly upmarket, Murray 388 apartment complex generous dimensions, inviting free-flowing indoor-outdoor spaces and quality appointments enhance easy secure fuss-free living!
Glossy timber laminate floors ensure low maintenance, hard-wearing good looks in an open plan living that is anchored by a kitchen showcasing stone, glass and stainless steel in a brilliant union of form and function and glides seamlessly out to a private terrace ready for coffee and the news feeds, or a drink before or after dinner.
A sleek, sizeable bathroom, finished with a stone vanity and floor to ceiling tiles, and cleverly integrating a concealed laundry sits central to the two well-proportioned bedrooms, both of which boast wardrobes.
Welcome extras include split system climate control for year-round comfort, security intercom and secure underground car space with storage locker make this an appealing option for those starting out, those seeking to slow down with a lock and leave lifestyle or astute investors looking to set and forget.

Property History for 29/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$380,000
22 Jan 2021
  • 22 Jan 2021
    Sold for $380,000
  • 08 Dec 2020
    Listed for Sale Under Offer
  • 10 Aug 2016
    Sold for $355,500

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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 20,861 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 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 755 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.