101/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Preston in the last 12 months.
The lifestyle ease of this superb apartment is perfectly matched by its significant position, just a short stroll to public transport, parklands and local shopping/eateries. You’ll be instantly wowed by its neutral colour palette and the spacious dimensions of its light and airy interior, with engineered timber floors underfoot flowing into an open plan kitchen, meals and living area with connecting balcony. The beautiful kitchen showcases plentiful storage, quality appliances and dishwasher. Sleeping accommodation includes, two spacious bedrooms (master with balcony access) serviced by two stylish bathrooms.
Added highlights also include:
* $2390 PCM – rental agreement started 3rd May 2025 fixed term for 12 months
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:
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