SOLD
Sold on 16 May 2024 for $330,000

9/396 Murray Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 1160m2
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Property Details for 9/396 Murray Rd, Preston

9/396 Murray Rd, Preston is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1160m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
64m2
Land Size
1160m2
Local Government
Darebin
Lot/Plan
9/RP19915

Last Listing description (July 2024)

Fantastic ground floor apartment in this highly sought after location.

Walking distance to public transport, High Street shops and eateries and the iconic Preston Market.

Comprising extra large bedroom with built in robes, spacious open plan living area incorporating lounge, kitchen and dining, central bathroom, spacious separate laundry, large private courtyard ideal for entertaining and off-street parking.

Features split system heating/ cooling unit.

Perfect opportunity for first home buyer or astute investor.
Securely leased until January 2025.

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Property History for 9/396 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$330,000
16 May 2024
  • 16 May 2024
    Sold for $330,000
  • 23 Apr 2024
    Listed for Sale Sold
  • 27 Nov 2019
    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 20,867 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 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 768 properties were sold in the past 12 months in Preston.

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