128/388 Murray Road, Preston, VIC 3072 sold on 27 March 2025 | OnTheHouse
SOLD
Sold on 27 Mar 2025 - Price Unavailable

128/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 85m2
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Property Details for 128/388 Murray Rd, Preston

128/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 85m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Apartment sold in Preston in the last 12 months.

Building Type
Apartment
Floor Size
85m2
Land Size
85m2

Last Listing description (March 2025)

Step into a lifestyle of contemporary comfort and convenience with this impeccably designed two-bedroom, two-bathroom apartment, nestled in a highly sought-after pocket of Preston.

Positioned on the first floor, this spacious residence offers privacy, security, and a host of premium features. The heart of the home is the entertainer’s kitchen, showcasing a generous dining space and breakfast bar, sleek stainless-steel appliances, a striking splashback, and sophisticated stone benchtops.


The open-plan living area, accentuated by stylish timber flooring and square-set high ceilings, is flooded with natural light from expansive windows off the primary balcony, creating a warm and inviting atmosphere. Two generously sized bedrooms include a master suite with a walk-in robe, a study nook, an ensuite, and private balcony access. Both the master ensuite and main central bathrooms are fully tiled, delivering a touch of luxury.

Additional highlights include split-system heating and cooling for year-round comfort, European laundry facilities, secure entry, lift access, and a basement car space with a storage cage—free from the hassle of car stackers. The complex offers ample guest parking, beautifully landscaped communal gardens, and a serene courtyard to enjoy.

Located just moments from Preston Market, multiple supermarkets, Preston train Station, vibrant dining options, and the Gilbert Road tram, this home provides exceptional lifestyle benefits. Families will appreciate zoning for Preston West Primary School and Preston High School.

Whether you're a first-time buyer, an investor, or looking to downsize in style, this future-proof apartment is an unmissable opportunity in the heart of Preston.

Contact Sahil Bhasin – 0403 630 215

Property History for 128/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
27 Mar 2025
Listed for Rent
$430/w
29 Oct 2019
  • 24 Mar 2025
    Sold for $450,000
  • 31 Dec 2024
    Listed for Sale Not Disclosed
  • 10 Dec 2020
    Sold for $440,000
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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 21,596 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.
There are currently 64 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Sahil Bhasin
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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.