16/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

16/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 5273m2
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Property Details for 16/388 Murray Rd, Preston

16/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
Unit
Year Built
2015
Floor Size
78m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
16/PS733538

Last Listing description (August 2021)

*Please ensure you are registered to attend the advertised private appointment time. Appointments are permitted to a maximum of 10 people inside at any time, subject to the density quotient of 1 person per 4 sqm.*
Complete with everything you seek in a contemporary apartment, this secure, ground level, stylish and easily maintained two bedroom home is fabulously situated moments to cafes, trains, renowned Preston Market and popular High Street. Open plan in design it flaunts a fully equipped kitchen with stainless steel appliances ranging from a gas cooktop with wok burner to a fan forced electric oven, slide out rangehood and dishwasher. A private courtyard perfect for entertaining. One bedroom hosts a built-in robe whilst the Master bedroom with walk in robe and ensuite. The main bathroom is centrally situated, fully tiled and complete with a shower, toilet and concealed laundry. Features include: sleek stone surfaces, split system heating and air conditioning, an intercom, secure basement parking for one carspace and storage cage included, ideal for anyone seeking to enjoy a vibrant modern lifestyle!

All Nelson Alexander appointments are conducted in accordance with the latest government guidelines. Please wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.

Property History for 16/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$415,000
20 Jan 2015
Listed for Rent
$350/w
04 Aug 2021
  • 07 Jul 2021
    Listed for Rent $350 / week
  • 20 Jan 2015
    Sold for $415,000
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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 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, 933 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
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.