312/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

312/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 312/388 Murray Rd, Preston

312/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Year Built
2016
Local Government
Darebin
Lot/Plan
312/PS733538

Last Listing description (January 2025)

Contemporary Living in Serene Surrounds

Sale by SET DATE: Tuesday 26th November at 5:00pm (unless sold prior)

Experience the best of city living with this modern two-bedroom unit, set in an exceptionally quiet block near bustling Preston Town Centre. This spacious, corner unit offers a peaceful escape with private, secured entry and easy access to an array of urban amenities.

Step inside to a welcoming, open-plan kitchen, dining, and living area perfect for both relaxation and entertaining. A main bathroom with euro laundry adds functionality. The master suite offers a southwest-facing private balcony, a walk-in wardrobe, and a stylish ensuite - a true retreat within your home.

The expansive balcony provides stunning district views and tranquil communal garden below. A second double bedroom is bathed in afternoon light with a spacious built-in wardrobe.

Residents will enjoy secure parking with additional storage cage. Convenience is unmatched, with Preston Station, Preston Market, and the St Georges Rd Tram just around the corner. High St, named "World's Coolest Street" by TimeOut Magazine, is short walk away, offering vibrant dining and nightlife options. Families and professionals alike will appreciate the proximity to Preston City Oval, Melbourne Polytechnic, and Preston West Primary. This home is the ideal blend of quiet living and metropolitan excitement - don't miss out!

Property History for 312/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$460,000
02 Dec 2015
  • 29 Oct 2024
    Listed for Sale $425,000 - $465,000
  • 04 Jul 2023
    Listed for Rent $495 per week
  • 21 Sep 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 21,593 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 61 properties listed for sale, and 36 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 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.