313/388 Murray RoadPreston VIC 3072
Property Details for 313/388 Murray Rd, Preston
313/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 5273m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 2 bedroom Unit sold in Preston in the last 12 months.
Last Listing description (October 2026)
Tucked away in a peaceful, garden-facing position, this beautifully presented, large two-bedroom, two-bathroom apartment offers the perfect combination of privacy, space and everyday convenience in the heart of Preston. Filled with natural light, the expansive open-plan living and dining domain flows seamlessly to a generous entertainer's balcony, creating an inviting indoor-outdoor lifestyle. A sleek, modern kitchen is beautifully finished with quality stainless steel appliances and ample cabinetry, making it as practical as it is stylish. A thoughtfully designed floorplan offers excellent separation between the two spacious bedrooms, each with built-in robes. The main bedroom enjoys its own private balcony, stylish ensuite and Walk-in Robe, while a second modern bathroom adds further flexibility. Positioned just a short stroll from Preston Station, Plenty Road trams, the vibrant Preston Market, Northland Shopping Centre, Melbourne Polytechnic and local parklands, with the CBD only around 25 minutes away by train, this is an outstanding opportunity for first home buyers, professionals, downsizers to secure a low-maintenance living in one of Preston's most connected locations. The rental appraisal is approx. $560-$590 a week.
Property History for 313/388 Murray Rd, Preston, VIC 3072
- 01 Oct 2026Sold for $438,000
- 13 Aug 2026Listed for Sale UNDER OFFER
- 01 May 2025Listed for Rent $560 / week
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About Preston 3072
The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,897 properties. Over the last 5 years, Houses in Preston have seen a -8.66% decrease in median value, while Units have seen a 3.80% increase. As at 30 September 2026:
- The median value for Houses in Preston is $1,148,190 while the median value for Units is $637,633.
- Houses have a median rent of $700 while Units have a median rent of $600.
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