413/388 Murray Road, Preston, VIC 3072 | Unit for sale | OnTheHouse
 
FOR SALE
$400,000 - $440,000

413/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Prime Preston Lifestyle Home

Expressions of Interest
Located just steps from Preston Market and Preston Train Station, this well-presented two-bedroom apartment offers modern living in a highly convenient Preston pocket. Set within the Murray 388 complex only 9km from the CBD, it’s an ideal choice for professionals seeking easy access to transport, shopping and everyday amenities.
The apartment features clean, modern finishes throughout, with an open-plan living area filled with natural light. The kitchen is equipped with stone benchtops and stainless steel appliances, and opens directly to an enclosed balcony for year-round use. Quality blinds are fitted to all external windows.
The master bedroom includes a walk-in robe, fully tiled ensuite and private balcony access, while the second bedroom features built-in robes and is serviced by a fully tiled main bathroom.
Additional features include:
- Secure basement car space and storage cage
- Video intercom and lift access
- Timber flooring and square-set high ceilings
- Split-system heating and cooling
- Access to a communal courtyard
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Property Details for 413/388 Murray Rd, Preston

413/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with RT Edgar Manningham.

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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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Jay Trikha
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Joel Houghton
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RT Edgar Manningham
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