12/397 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

12/397 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 1692m2
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Last updated 19 Jan 2026
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Property Details for 12/397 Murray Rd, Preston

12/397 Murray Rd, Preston is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 1692m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
2017
Floor Size
78m2
Land Size
1692m2
Local Government
Darebin
Lot/Plan
12/PS739316

Last Listing description (July 2025)

This property has been designed with luxury and comfort in mind. Situated approximately 11 kms from the CBD and within a short stroll from the popular Preston Markets, you have everything you could want and more at your doorstep.

Features include:
- Smeg Stainless Steel appliances

- Stone Benchtops
- Timber Flooring
- Big Bedrooms to fit a KING SIZE BED!
- Split System Heating & Cooling
- Plenty of Storage Space
- Communal Garden Space with tilt BBQ
- Private balcony
- Intercom
- Water tank
- Undercover basement parking with stacker and bike storage

This home is sure to impress and won't last long. Don't miss your chance to live in stylish luxury so close to the city.

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 inspections 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.

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Property History for 12/397 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$599,000
07 Sep 2015
Listed for Rent
$500/w
09 Sep 2022
  • 14 Nov 2024
    Listed for Rent $625 / week
  • 12 Aug 2022
    Listed for Rent $500 / week
  • 10 Jul 2020
    Listed for Rent $510 / 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.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 937 properties were sold in the past 12 months in Preston.

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© 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.

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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.

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