102/388 Murray Road, Preston, VIC 3072 | Apartment for sale | OnTheHouse
 
FOR SALE
AUCTION $379,000 - $399,000

102/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 5272m2
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Auction Time
Tue 9 Dec 6:00 pm
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Light-Filled Living in the Heart of Preston

This perfectly presented unit forms a beautifully light-filled, single-level sanctuary that will appeal to first-home buyers, downsizers seeking easy-care, lock-and-leave living, or investors wanting a set-and-forget opportunity.
Just a short stroll to cafés, dining, and shopping options-with the Preston Market precinct and Preston Train Station right around the corner-this home will impress from the moment you arrive.
The property offers two generously proportioned bedrooms and a well-appointed tiled main bathroom. Bedroom one features an ensuite, walk-in-robe, study nook and balcony access. Bedroom two is spacious and features a built-in-robe. The gallery-style hallway leads you from the front door to a spacious open-plan living and meals area.
The kitchen is equipped with stainless steel appliances, a fitted pantry, ample storage, and a dishwasher. It opens to an outdoor entertainment area bathed in afternoon sun and overlooking an easy-care balcony-perfect for relaxing or entertaining.
A European-style laundry is conveniently tucked away, enhancing the streamlined, open-plan design of this beautifully presented home.
Whether you're looking to move straight in, downsize in style, or invest in a high-demand location, this is an opportunity not to be missed.
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Property Details for 102/388 Murray Rd, Preston

102/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 5272m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
Apartment
Land Size
5272m2
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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 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% 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 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,599 properties. Over the last 5 years, Houses in Preston have seen a 21.98% increase in median value, while Units have seen a 9.13% increase. As at 31 October 2025:

  • The median value for Houses in Preston is $1,229,206 while the median value for Units is $620,615.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 82 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 904 properties were sold in the past 12 months in Preston.

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George Ioannou
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Christina Ioannou
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Harcourts Rata & Co
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