3/406-408 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

3/406-408 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 146m2
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Property Details for 3/406-408 Murray Rd, Preston

3/406-408 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 146m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
1970
Floor Size
86m2
Land Size
146m2
Local Government
Darebin
Lot/Plan
3/RP13307

Last Listing description (November 2025)

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Set within a quality boutique complex, this attractive clinker brick single-level residence has been meticulously maintained throughout and offers modern refurbishments to ensure a lifestyle of class.

Features:
- This unit provides a spacious lounge with split system air conditioning and an adjoining dining room, which is open plan with a modernised kitchen that comprises counter bench space.

- Two double bedrooms (main with built-in robes), each with individual electric oil heaters which are serviced by a modernised bathroom that includes a separate shower to bath plus an additional separate laundry room.

- Large rear courtyard offers entertaining options in a low-maintenance setting with excellent natural sunlight coming from the north.

- Added features include a single lock-up garage with rear secure access to the house.

- Heating split system air conditioning.

- A location of elite convenience allows a short walk to Gilbert Rd tram and Preston train station, plus High Street shopping and the vibrant Preston Market, plus much more.

Available now. The lease term is for 12 months.

Bond: $2,210 (one month's rent)

The Phone Code for this property is: 93040. Please quote this number when phoning or texting.

Property History for 3/406-408 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$530,000
19 Jun 2018
Listed for Rent
$390/w
02 Oct 2021
  • 08 Nov 2025
    Listed for Rent $510 / week
  • 27 Sep 2021
    Listed for Rent $390 / week
  • 21 Jul 2019
    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 21,614 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 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 948 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.