12/388 Murray RoadPreston VIC 3072
Property Details for 12/388 Murray Rd, Preston
12/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Preston in the last 12 months.
Last Listing description (October 2018)
Light and Style with a Cool Courtyard Surprise
Modern living or blue-chip investing in the heart of Preston, this ground-floor apartment is a perfect choice either way with its generous indoor/outdoor space, quality inclusions and corner position for an abundance of natural light. As-new interior comprises two double bedrooms (both with fitted robes and ceiling fans), deluxe master ensuite and main central bathroom (including bathtub) - both with stone-top vanities and floor-to-ceiling tiles. Add to this a spacious open-plan living/dining area leading out to a full-width courtyard complete with undercover patio/entertaining area and leafy outlook. Other stand-out features include a stone-bench kitchen with soft-close cabinetry and stainless steel appliances, as well as split-system heating and cooling, European laundry, efficient LED lighting, plus intercom/secure entry, lower-level parking space and storage cage. Walking distance to the best of Preston including High Street cafes and shops, renowned Preston Market, Preston Station, local parks, Melbourne Polytechnic and Preston West Primary School.
Property History for 12/388 Murray Rd, Preston, VIC 3072
- 17 Oct 2018Listed for Sale Auction 10/11/18
Recent sales nearby
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0About 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 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:
- The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
- Houses have a median rent of $620 while Units have a median rent of $550.
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