126/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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126/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 5273m2
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Last updated 1 Dec 2025
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Property Details for 126/388 Murray Rd, Preston

126/388 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 5273m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2016
Floor Size
60m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
126/PS733538

Last Listing description (October 2025)

TO APPLY: please click "Get in touch" or "Enquire" & a link will be sent to you. Please also register for each inspection to be kept up to date with changes.

Positioned in a very central pocket of Preston, this modern two bedroom apartment boasts a prime location within walking distance to Preston Train Station and the Preston market, close to fitness centres, shops, cafes and all the inner city lifestyle perks you would expect, providing a stress free lifestyle.

Cleverly located on the first floor of a secure entrance building, featuring a generous master bedroom with a walk-in wardrobe, study nook and access directly out to your own private balcony. Second bedroom or study with an abundance of natural lighting, both serviced by the elegant bathroom, complete with quality stone vanity as well as an oversized shower.

The open plan area offers a functional kitchen with a stone bench top, dishwasher and a gas stove. This contemporary apartment offers a generous living and dining area, complimented by a generous balcony, adding further comfort. Furthermore the timber floors, split system air conditioning and heating, secure basement car parking and storage cage round off what is already a magnificent property.

To apply, please click "Get in touch" or "Enquire" & a link will be sent to you. Please ensure each adult completes an application form, which includes 100 points of ID for each applicant. We complete thorough reference checks on all applicants including the verification of ID through the appropriate authorities. It is compulsory for all our renters to conduct a National Tenancy Data (NTD) base Check. Please register for each inspection for priority access & to inform our agents of your attendance. This will ensure you are kept up to date with any information regarding the property & any changes or cancellations of inspection times. To be kept informed of future inspections, please click "Contact Agent".

Photo ID is required for entry.

Covid safe policy applies.

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Property History for 126/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$322,000
18 Jan 2023
Listed for Rent
$520/w
08 Oct 2025
  • 22 Sep 2025
    Listed for Rent $520 / week
  • 29 Aug 2023
    Listed for Rent $440 / week
  • 18 Jan 2023
    Sold for $322,000
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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 21.98% increase in median value, while Units have seen a 9.13% increase. As at 31 October 2025:

  • The median value for Houses in Preston is $1,229,206 while the median value for Units is $620,615.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 82 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 904 properties were sold in the past 12 months in Preston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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.

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