29/388 Murray Road, Preston, VIC 3072 | Apartment for sale | OnTheHouse
 
FOR SALE
EOI $400,000 - $440,000

29/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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EOI Ending Tue 22 Sep 5pm | Effortless Living in the Heart of Preston

Set on the ground floor, this stylish two-bedroom apartment offers effortless living in one of Preston's most convenient pockets. Step inside to a light filled open plan living and meals area that flows seamlessly out to the balcony, ideal for morning coffee or unwinding after a long day. The well-appointed kitchen features quality appliances and ample storage, making every day cooking and entertaining a breeze. The main bedroom is fitted with a built-in robe and enjoys easy access to the central bathroom, while the second bedroom offers flexibility for guests, family or a home office. A separate European style laundry adds to the practicality of the floorplan. Comfort is assured year-round thanks to split system heating and cooling, and the apartment comes complete with a secure car space and storage cage.
Positioned moments from everything Preston has to offer, this address places you within easy walking distance of Preston Market and the vibrant High Street café and dining strip, with Preston Train Station and the Gilbert Road tram just around the corner for a swift commute into the CBD. Northland Shopping Centre is close by for major retail therapy, while H.P. Zwar Park and the surrounding Darebin parklands offer a welcome escape outdoors. Families are well served too, with Preston West Primary School and Preston High School among the local zoned options. With transport, shopping, parks and schooling all on your doorstep, this is inner north living at its most convenient.
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Property Details for 29/388 Murray Rd, Preston

29/388 Murray Rd, Preston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Preston.

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,617 properties. Over the last 5 years, Houses in Preston have seen a -1.16% decrease in median value, while Units have seen a 7.18% increase. As at 31 July 2026:

  • The median value for Houses in Preston is $1,185,725 while the median value for Units is $645,689.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 74 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 897 properties were sold in the past 12 months in Preston.

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George Gimelli
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Grace Scardamaglia
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Ray White Preston
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