OFF MARKET

4/407 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 152m2
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Last updated 4 Nov 2024
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Property Details for 4/407 Murray Rd, Preston

4/407 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 152m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Floor Size
86m2
Land Size
152m2
Local Government
Darebin
Lot/Plan
4/SP25562

Last Listing description (July 2020)

This freshly renovated unit is ready to move into right away. Featuring large lounge room, open plan kitchen and dining. Kitchen features gas oven and stainless-steel appliances. Comprising of two bedrooms both cosy and with ample wardrobe storage and plush new carpets. Central bathroom with skylight allows for plenty of natural light to flow through. Separate laundry, courtyard and secure single lockup garage. All this located in the heart of Preston, this is not to be missed.

Property History for 4/407 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$635,000
17 Jul 2021
Listed for Rent
$370/w
23 Jul 2020
  • 17 Jul 2021
    Sold for $635,000
  • 25 Jun 2020
    Listed for Rent $370 / week
  • 28 Jan 2016
    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 20,734 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 79 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 751 properties were sold in the past 12 months in Preston.

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