OFF MARKET

308/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
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Property Details for 308/388 Murray Rd, Preston

308/388 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 78m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2015
Floor Size
78m2
Local Government
Darebin
Lot/Plan
308/PS733538

Last Listing description (November 2023)

Here's your chance to snap up this sleek two-bedroom plus flexible 2nd living/home office, two bathroom apartment in the upmarket Murray 388 apartment complex.
Nestled in the heart of cosmopolitan Preston only 9km from the CBD, this quality abode is the epitome of modern living. High quality fixtures and fittings highlight its luxurious nature, while open-plan living with indoor-outdoor options will appeal to those with an appreciation for contemporary design. What's also certain to hit the right notes is the apartment's intelligent use of space and thoughtfully selected materials of a premium standard. With an East-facing meals/living and balcony, enjoy waking up and being bathed in morning sun as you look out over the Dandenongs.

Security is a strong feature of the complex, with basement car park (with storage cage) and intercom entry ensuring both safety and security, while a premium location is also worthy of its five-star credentials, given its outstanding access to the bustling Preston Market, trendy High St cafes, Preston train station, trams, bus transport, NMIT, Northland Shopping Centre, parks and playgrounds.

Property History for 308/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$510,000
02 Sep 2023
Listed for Rent
$385/w
26 Jun 2020
  • 02 Sep 2023
    Sold for $510,000
  • 08 Aug 2023
    Listed for Sale AUCTION: $460,000 - $506,000
  • 02 Jun 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 21,050 properties. Over the last 5 years, Houses in Preston have seen a 10.60% increase in median value, while Units have seen a 7.19% increase. As at 31 January 2025:

  • The median value for Houses in Preston is $1,120,149 while the median value for Units is $601,234.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 58 properties listed for sale, and 58 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 797 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.