OFF MARKET

414/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
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Last updated 18 Nov 2024
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Property Details for 414/388 Murray Rd, Preston

414/388 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 77m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2015
Floor Size
77m2
Local Government
Darebin
Lot/Plan
414/PS733538

Last Listing description (December 2016)

A true winner in fabulous first home living or making the most of your investment dollar is this BRAND NEW two bedroom apartment with contemporary finishes with Preston's best on your doorstep.
Placed in a location to love, casually stroll to Preston Market, Preston train station, the High Street shops and the Gilbert Road tram so you can enjoy the best dining experiences on High Street. Perfectly placed glazing captures great sunlight throughout the day, while the balcony is a pleasant place to enjoy a relaxing afternoon.
The generous design incorporates open-plan living, dining and modern kitchen with stainless steel appliances including dishwasher. Fine extras such as split system heating, stone benches throughout, timber flooring, secure entry and a single basement car space with storage cage.

There is simply no better addition to your blue-chip Preston portfolio.

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Property History for 414/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$475,000
03 Dec 2022
  • 03 Dec 2022
    Sold for $475,000
  • 24 Nov 2016
    Sold for $415,000
  • 04 Nov 2016
    Listed for Sale $400,000 - $420,000

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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 20,861 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.

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