314/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

314/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Land area: 5273m2
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Property Details for 314/388 Murray Rd, Preston

314/388 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 69m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
2016
Floor Size
69m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
314/PS733538

Last Listing description (April 2024)

If convenience is important to you, then look no further. If you also need space to move, you have found your new home. Situated at the rear of the block away from the street is your next peaceful abode. Upon entry to this third-floor unfurnished apartment, you are treated to an expansive airconditioning living room with zones for dining and couches/tv. This opens to a protected balcony perfect for reading a book or enjoying the sunshine. The modern kitchen comprises stone benchtops, stainless steel appliances, and a gas cooktop and dishwasher. There is a full-size panty and euro laundry. Two queen-sized bedrooms with quality carpets, excellent robes and natural light and the master benefits further from an ensuite. A sparkling central bathroom with excellent storage, a basement car park (not a stacker) and a storage cage complete the picture.

Now let's talk location! a 3-minute walk to Woolies, cross the road to Preston Market and all its fresh food delights. 3 minutes to the brand new Preston station, and only 5 minute's stroll to all the eateries on High Street. It doesn't get better - Be Quick

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Property History for 314/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$435,000
25 Aug 2017
Listed for Rent
$600/w
25 Apr 2024
  • 19 Apr 2024
    Listed for Rent $600 / week
  • 25 Aug 2017
    Sold for $435,000
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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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 932 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.