313/388 Murray Road, Preston, VIC 3072 | Apartment for sale | OnTheHouse
 
FOR SALE
EOI $430,000 - $460,000

313/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
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EOI Ending Fri 4 Sep 5pm| Find your Flow on Murray

Tucked away in a peaceful, garden-facing position, this beautifully presented, large two-bedroom, two-bathroom apartment offers the perfect combination of privacy, space and everyday convenience in the heart of Preston.
Filled with natural light, the expansive open-plan living and dining domain flows seamlessly to a generous entertainer's balcony, creating an inviting indoor-outdoor lifestyle. A sleek, modern kitchen is beautifully finished with quality stainless steel appliances and ample cabinetry, making it as practical as it is stylish.
A thoughtfully designed floorplan offers excellent separation between the two spacious bedrooms, each with built-in robes. The main bedroom enjoys its own private balcony, stylish ensuite and Walk-in Robe, while a second modern bathroom adds further flexibility.
Positioned just a short stroll from Preston Station, Plenty Road trams, the vibrant Preston Market, Northland Shopping Centre, Melbourne Polytechnic and local parklands, with the CBD only around 25 minutes away by train, this is an outstanding opportunity for first home buyers, professionals, downsizers to secure a low-maintenance living in one of Preston's most connected locations.
The rental appraisal is approx. $560-$590 a week.
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Property Details for 313/388 Murray Rd, Preston

313/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 78m2. The place is currently for sale with Ray White Preston.

Building Type
Apartment
Floor Size
78m2
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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 21,623 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 73 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 903 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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