G8/388 Murray Rd, Preston, VIC 3072 | Apartment for sale | OnTheHouse
 
FOR SALE
EOI $500,000 - $550,000

G8/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

EOI Ending Fri 5 Jun 5pm | Exceptional Space, Unbeatable Convenience

Rarely does a ground-floor apartment offer such a compelling combination of scale, versatility, and outdoor living. G8 at the sought-after Murray 388 complex is a genuinely oversized two-bedroom residence, with a flexible study/second living space that can easily serve as a third bedroom, set across an impressively generous floorplan that feels more like a house than an apartment. From the moment you step inside, the sense of space is immediate and unmistakable.
The expansive main living zone flows naturally from the kitchen and provides ample room for both living and dining, while the separate Living 2/Study adds the kind of flexibility that growing families, remote workers, or savvy investors will immediately appreciate. The master bedroom is a true retreat, complete with a walk-in robe and private ensuite, while the second bedroom features its own built-in robe and easy access to the central bathroom. A thoughtfully designed entry and well-appointed bathroom round out an interior that is as functional as it is comfortable.
The undeniable star of this apartment is the sprawling north-facing balcony, an entertainer's dream that extends the living space dramatically outdoors, whether you're hosting a summer gathering or simply savouring a quiet morning coffee in the fresh air.
Preston's finest amenities sit practically at your doorstep. Preston Train Station is just 200 metres away, putting the Melbourne CBD within easy reach, while the Gilbert Road tram, Preston Market, and the vibrant High Street café and dining strip are all a leisurely stroll from your front door. Northland Shopping Centre is close by for all your retail needs, and the surrounding parklands. Families will appreciate being within the catchment for Preston West Primary School & Preston High School.
View Statement of Information

Property Details for G8/388 Murray Rd, Preston

G8/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Preston.

Building Type
Apartment
Commute Calculator

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 21,604 properties. Over the last 5 years, Houses in Preston have seen a 2.87% increase in median value, while Units have seen a 12.12% increase. As at 30 April 2026:

  • The median value for Houses in Preston is $1,194,642 while the median value for Units is $654,145.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 74 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 948 properties were sold in the past 12 months in Preston.

Preston Profile Page

Suburb Insights for Preston 3072

Visit Preston profile page
Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Preston profile page
Contact agent
agent headshot
George Gimelli
Show contact details
Call agent
agent headshot
Grace Scardamaglia
Show contact details
Call agent
Ray White Preston
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X
HomeContact usPrivacy policyTerms of useDisclaimers