111/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

111/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 5273m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low
High
Share
Save

Property Details for 111/388 Murray Rd, Preston

111/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2015
Floor Size
77m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
111/PS733538

Last Listing description (July 2025)

Step inside to discover a warm and contemporary open-plan living, dining, and kitchen area, thoughtfully designed for comfort and style. The sleek Caesarstone benchtops, stainless steel gas cooktop, electric oven, dishwasher, and a generous pantry make the kitchen both functional and elegant. Floating timber floors and high square-set ceilings add a sense of space and sophistication, while large windows bathe the interior in natural light.

Enjoy indoor-outdoor living with an expansive wraparound balcony, accessible from both the living area and master bedroomperfect for entertaining or relaxing with views over the local precinct.

This well-appointed apartment features two spacious bedrooms, including a master suite with a walk-in robe and private ensuite. The second bedroom includes mirrored built-in robes, with both rooms benefiting from double-glazed windows for added comfort and quiet. A second, fully tiled bathroom completes the layout.

Additional features include:
European laundry
Secure underground car space with above-car storage unit
Split-system heating and cooling
Secure building entry and lift access

Perfectly located within walking distance of Preston Market, Gilbert Road tram, supermarkets, cafes, and restaurants, this North-East facing apartment offers unbeatable convenience. Families will appreciate the zoning for Preston West Primary School and Preston High School.
Offering a low-maintenance lifestyle in a sought-after location, this apartment is ideal for renters seeking space, style, and access to excellent local amenities.
Don't miss outenquire today to arrange a viewing!

*Please note: furniture shown in the photos is not included.

INSPECTING IS EASY - Simply scroll down the page to the INSPECTIONS subheading and click REQUEST A TIME to book a date and time or submit your enquiry. Please ensure you register your details prior to attending the inspection. Once registered, we can keep you updated with available inspection times and any changes or cancellations. So don't miss out, book an inspection today! To submit an application for this property, simply click the Get in Touch button and we will respond with instructions on how to apply.

Show More

Property History for 111/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$447,950
07 Apr 2015
  • 28 May 2025
    Listed for Rent $575 / week
  • 07 Apr 2015
    Sold for $447,950
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 932 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
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

GETTING STARTED