224/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

224/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 5273m2
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Property Details for 224/388 Murray Rd, Preston

224/388 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2015
Floor Size
62m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
224/PS733538

Last Listing description (May 2019)

Inspired by the modern lifestyle, this sophisticated two-bedroom, one bathroom
residence located in the upmarket Murray 388 apartment complex
only 9km from the CBD sets the standard in executive lock-up and leave

Preston living, packaging an aesthetically appealing layout with a
convenience-laden location central to it all!
Lovingly enjoyed and meticulously maintained this 3 year young apartment presents virtually brand new. Clean lines, radiant open-plan living and high quality fixtures and fittings are hallmarks of this trendsetting apartment, while an open kitchen styled with stone benchtops and quality stainless steel appliances accentuates its
modern character.
The luxurious presentation of the main bathroom coupled with the generous
proportions of the master bedroom also instantly appeals.
Complete with a basement car park, storage cage, intercom entry, split system
heating/cooling and outstanding access to Preston Market, trendy
High St cafes, Preston train station, trams, bus transport, NMIT, Northland
Shopping Centre, parks and playgrounds, it's an inspired choice for the first time
buyer, savvy investor or empty nester looking to downsize, not
downgrade!

Property History for 224/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$387,000
08 May 2019
  • 08 May 2019
    Sold for $387,000
  • 12 Mar 2019
    Listed for Sale Not Disclosed
  • 22 Jul 2016
    Sold for $350,000
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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 21,609 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:

  • The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 68 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 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.