12/400 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

12/400 Murray Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1297m2
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Last updated 19 Jan 2026
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Property Details for 12/400 Murray Rd, Preston

12/400 Murray Rd, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1297m2.

Building Type
Unit
Year Built
1970
Land Size
1297m2
Local Government
Darebin
Lot/Plan
12/RP19843

Last Listing description (January 2024)

So close to everything you would ever need. Preston train station, NMIT, Preston Market, cafes and so much more. A second level apartment that comprises one larger than average bedroom with ample storage options. An updated well-appointed kitchen offers electric cooking and overlooks a generous open plan living area. The bathroom is centrally situated and offers a separate bathtub and shower and with its own private laundry, there is no need to share laundry facilities here. A private car space is a real bonus too. Attractively priced so be quick!

Property History for 12/400 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
$290/w
12 Nov 2020
  • 21 Jan 2024
    Listed for Rent $340 / week
  • 11 Nov 2020
    Listed for Rent $290 / week
  • 04 Mar 2019
    Listed for Rent - Price not available
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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 62 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 940 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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