223/388 Murray Road, Preston, VIC 3072 sold on 15 August 2025 | OnTheHouse
SOLD
Sold on 15 Aug 2025 for $388,500

223/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 223/388 Murray Rd, Preston

223/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
2015
Local Government
Darebin
Lot/Plan
223/PS733538

Last Listing description (April 2022)

Style And Convenience In Preston's Heart

Destined to draw in the style conscious, this sleek two-bedroom apartment offers a sophisticated, easy-care lifestyle in the heart of Preston.

Set inside the fashionable Murray 388 apartment complex only 9km (approx.) from Melbourne's CBD and within easy walking distance of Preston train station, trendy eateries along High Street, Preston Market, Melbourne Polytechnic, Preston West Primary School, parks and playgrounds, this impeccable apartment's contemporary profile is matched by its fashion-forward spaces, which are high on luxury but low in maintenance.


Timber floors provide an instant impression in the chic open-plan living and large modern kitchen, stylishly appointed with stainless steel appliances and stone benchtops, while the interior's direct access to the private balcony is destined to delight those who love alfresco dining.

Two robed and carpeted bedrooms (master with ensuite featuring an oversized shower) and a sparkling bathroom offer a world of luxury and comfort, while a European laundry, basement car space and storage cage, split-system heating/cooling, ample storage, double-glazed windows, loads of natural light, secure access and access to a communal courtyard makes this a true winner for first-time buyers, investors and downsizers.

Property History for 223/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$388,500
15 Aug 2025
  • 12 Apr 2022
    Sold - Price Undisclosed
  • 01 Apr 2022
    Listed for Sale $390,000 - $429,000
  • 22 Jan 2021
    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 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 79 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 914 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.