OFF MARKET

4/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
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Property Details for 4/388 Murray Rd, Preston

4/388 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 73m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2015
Floor Size
73m2
Local Government
Darebin
Lot/Plan
4/PS733538

Last Listing description (March 2023)

This extremely well presented two-bedroom apartment includes two bathrooms, open plan living and a generous outdoor entertaining area. Located in the heart of Preston and only 9km from the CBD, walking distance to the train station, Preston Market and all the wonderful facilities of Preston.

This apartment includes high-quality fixtures and fittings and is freshly painted with ground floor positioning the apartment will be well sought after. With open-plan living, two generous sized bedrooms, master with adjoining en-suite and walk-through robe and with external access to the alfresco. The second bedroom with built in robes. The main bathroom features stone vanity with double shower.
The private courtyard which features merbau decking has two access points from the master bedroom and the living area ideal for entertaining and a pet.

Additional features include stone benches throughout, European laundry, reverse cycle heating/cooling, new carpet, private secure underground car space with storage cage.

The complex also includes an abundance of guest parking, beautifully maintained gardens, with secure parking for the occupiers.

Property History for 4/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$525,000
15 Jul 2021
Listed for Rent
$500/w
01 Mar 2023
  • 21 Feb 2023
    Listed for Rent $500 / week
  • 06 Dec 2022
    Listed for Rent $500 / week
  • 15 Jul 2021
    Sold for $525,000
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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 20,864 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 47 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 761 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.