117/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

117/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 5273m2
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Property Details for 117/388 Murray Rd, Preston

117/388 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 81m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2015
Floor Size
81m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
117/PS733538

Last Listing description (January 2025)

Generous dimensions, bright natural light and thoughtfully curated fixtures, fittings and finishes seamlessly combine to create relaxed, luxury living in this enticing two-bedroom, two-bathroom apartment.Located for lifestyle, a short walk to the iconic Preston Market, the culinary delights on offer along High Street and the station for the stress-free trip into town, the secure basement car park is going to come in very handy.The easy-to-live-with layout introduces a spacious open-plan living-meals that integrates a kitchen showcasing stone finishes and a suite of high-end Miele appliances. Sliding glass doors glide back to access a terrace large enough for a BBQ and a table, making it ideal for outdoor enjoyment. Complementing the living space is a large bedroom fitted with a wall of built-ins, enjoying the easy convenience of a fully tiled, stone-detailed ensuite. Also featuring built-ins, the second bedroom is served by a floor-to-ceiling tiled bathroom.Lift access, split system climate control, secure entry, a basement storage cage, and a concealed laundry lead the list of desired enhancements in this home perfect for owner-occupiers of all ages or investors looking to set or forget!

Property History for 117/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$445,000
26 Apr 2016
Listed for Rent
08 Jan 2025
  • 11 Dec 2024
    Listed for Rent $550 / week
  • 16 Oct 2024
    Listed for Sale Private Sale $450,000
  • 29 Nov 2019
    Listed for Rent $450 / 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 21,599 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, 933 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
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.