SOLD
Sold on 14 Mar 2024 for $371,000

3/400 Murray Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 1297m2
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Property Details for 3/400 Murray Rd, Preston

3/400 Murray Rd, Preston is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1297m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
53m2
Land Size
1297m2
Local Government
Darebin
Lot/Plan
3/RP19843

Last Listing description (April 2024)

Perfectly located on the ground floor, this beautiful one-bedroom unit is ideal for home buyers or savvy investors.

With nothing to do but move in, this stylishly renovated property boasts light-filled living, thoughtful kitchen with stainless steel appliances, modern bathroom with bath and floor to ceiling tiles plus a full sized laundry. The spacious bedroom with built-in robes has a stunning outlook onto the private courtyard, a dream for any buyer.

Other features include a separate toilet, huge courtyard that is perfect for entertaining or relaxing and car space on title.

In a prime location and walking distance to nearby shops, vibrant High St eateries and bars, public transport plus easy access to Preston Market and the CBD. This is one opportunity not to be missed!

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Property History for 3/400 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$371,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $371,000
  • 13 Feb 2024
    Listed for Sale Under Offer
  • 05 Aug 2022
    Sold for $255,000
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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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 776 properties were sold in the past 12 months in Preston.

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