OFF MARKET

G5/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 4 Nov 2024
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Property Details for G5/388 Murray Rd, Preston

G5/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Darebin

Last Listing description (September 2024)

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.

What you need to know

Accommodation:

- 2 floorboarded bedrooms with built in robes
- Master with Ensuite.
- Open plan living room with adjoining kitchen/meals area
- Sparkling bathroom with oversized shower
- European laundry
- Large kitchen with ample bench/storage space
- Large private balcony, perfect for entertaining
- Underground car space & storage cage

Comforts:
- Stainless steel appliances including dishwasher
- Split system heating and cooling
- Near new floating floorboards
- Gas cooktop & electric oven
- Secure building with occupant only access & intercom
- Access to large community courtyard & views via courtyard

Amenities:
- Preston Market
- Preston Train Station
- High Street Shops and Cafes

* Rent payable per calendar month: $2,390

Bond: $2,390

Property History for G5/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
$510/w
18 Aug 2023
  • 16 Aug 2024
    Listed for Rent $550 / week
  • 09 Aug 2023
    Listed for Rent $510 / week

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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.

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.