214/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

214/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 74m2
Land area: 5273m2
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Property Details for 214/388 Murray Rd, Preston

214/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2015
Floor Size
74m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
214/PS733538

Last Listing description (November 2023)

Placed in a location to love, casually stroll to Preston Market, Preston train station, the High Street shops and the Gilbert Road tram so you can enjoy the best dining experiences on High Street. Perfectly placed glazing captures great sunlight throughout the day, while the balcony is a pleasant place to enjoy a relaxing afternoon.

What you need to know

Accommodation:
- Two light-filled bedrooms
- Master bedroom with ensuite
- Open plan living and meals area
- European laundry
- 1 secure car park
- Balcony
- Main bathroom with separate shower recess
- Kitchen with ample bench space

Comforts:
- Split system heating and cooling
- Polished floorboards
- Stainless Steel appliances including dishwasher
- Storage Cage

Amenities:
- Preston Market
- Preston Train Station
- High Street Shops and Cafes
- Parklands
- Preston West Primary School

* Rent payable per calendar month: $2216
Bond: $2216

Property History for 214/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$460,000
04 Sep 2023
Listed for Rent
$510/w
08 Nov 2023
  • 02 Nov 2023
    Listed for Rent - Price not available
  • 04 Sep 2023
    Sold for $460,000
  • 04 Jul 2023
    Listed for Sale SALE
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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 21,603 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 80 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 909 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.