219/388 Murray RoadPreston VIC 3072
Property Details for 219/388 Murray Rd, Preston
219/388 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (January 2026)
Offering a carefree lifestyle, this two-bedroom apartment offers an excellent investment opportunity for first time buyers, downsizers and commuters.
Immersed in the highly sought-after Preston lifestyle of local cafes and bars, specialty shops and public transport, smart purchasers will love everything this city fringe home has to offer.
A practical floor plan featuring timber flooring and high square-set ceilings showcases an open plan dining/living area and spacious and contemporary kitchen with stone benches and plenty of cupboards. Featuring 2 generous sized bedrooms benefits from built in robe and serviced by a deluxe central bathroom.
The large and private courtyard provides plenty of space for outdoor enjoyment adding an extra living zone to the apartment with city views.
Additional features of this outstanding package include separate laundry, NBN connectivity, LED downlights, parking space and storage cage, ducted heating and cooling, video intercom and communal gardens.
Just moments from Preston Market, Preston Train Station, Melbourne Polytechnic, boutique bars and eateries and so much more, inspections will not disappoint.
Currently Leased for $500 per week. A great opportunity for the savvy investor!
Property History for 219/388 Murray Rd, Preston, VIC 3072
- 06 May 2025Listed for Sale $400,000
- 26 Oct 2015Sold for $370,000
Recent sales nearby
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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 21,602 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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