11/397 Murray RoadPreston VIC 3072
Property Details for 11/397 Murray Rd, Preston
11/397 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a land size of 1692m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (March 2025)
Offering the perfect balance of modern, stylish living with a convenient location, this two-bedroom townhome suits a wide variety of buyers and is move-in ready with nothing more to do.
Set over two levels and offering timber flooring, a lovely timber staircase and storage galore, you'll enjoy an upper-level open-plan and air-conditioned layout with a family living and meals area that merges seamlessly into the modern and well-appointed kitchen. Mealtime is made easier with stone benchtops, tiled splashbacks, gas cooktop and stainless-steel appliances including a dishwasher and plenty of bench and cupboard space.
From the living area, step outside to a balcony with enough space for entertaining and a lovely leafy view. A communal garden space with BBQ facilities is the perfect place to enjoy a casual weekend BBQ or get-together with family and friends.
Both ground-floor bedrooms include built-in wardrobes for added storage and sliding doors leading out to a courtyard space. The master bedroom includes a built-in study nook and access to a private ensuite. An additional and fully-tiled central family bathroom with a walk-in shower as well as a separate European-style laundry are also included.
So central you could do without a car, but should you have one, an allocated secure underground parking space with a stacker system, as well as secure bike storage are also included. There are also ample storage cupboards built in for linen or general storage.
With a location that's beyond convenient, you'll enjoy the everyday ease of being within walking distance of trams and trains, parks and recreational facilities, the Preston Market, a diverse range of cafes and restaurants and local shopping along High Street.
Property Specifications:
* Stylish and modern two-bedroom two-bathroom townhome in a great location
* Ample storage and stylish, loaded with modern extras
* Private balcony with leafy views, communal BBQ area
* Walk to public transport, Preston Market, High Street and more
* Allocated secure car parking with a stacker system and bicycle storage
Property History for 11/397 Murray Rd, Preston, VIC 3072
- 21 Feb 2024Sold for $675,000
- 18 Aug 2023Listed for Sale RECENT SALES
- 20 Aug 2019Listed for Rent $480 / week
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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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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