326/388 Murray Road, Preston, VIC 3072 sold on 10 March 2025 | OnTheHouse
SOLD
Sold on 10 Mar 2025 for $425,500

326/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 5273m2
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Property Details for 326/388 Murray Rd, Preston

326/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
79m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
326/PS733538

Last Listing description (June 2021)

Covid safe onsite viewings by appointment - please call to book a time.

You'll love the central Preston location as well as the layout and amenities in this top-floor apartment.


SPACIOUS APARTMENT

This 2 bedroom, 2 bathroom apartment is ideally laid out for a couple needing space to work from home, friends wanting to share but also have privacy, or a young family looking to be close to great facilities and schools.

The two spacious rooms are at either end of the apartment - one bedroom features a walk-in robe and ensuite and the other bedroom has an in-built wardrobe and is adjacent to a large separate bathroom. This layout allows the occupants to have individual bathrooms.

Separating the two bedrooms is the light-filled living area, kitchen, and island bench. The kitchen features all modern accessories (a gas stovetop, electric oven, dishwasher, and deep sink) and lots of storage space including a pantry. The island bench provides additional storage space and a breakfast bar/counter to sit at.

The south-facing living room, with city skyline views and connecting balcony, has split system air conditioning. Additionally, block-out blinds are installed in all rooms and windows are double glazed - helping to keep energy bills down. Fibre to the premises broadband with networked bedroom and living room. European style laundry with washing machine and laundry sink.

The apartment comes with access to a designated underground car spot, bicycle racks, and storage cage.

GREAT LOCATION

The building is located across the road from the Preston Train Station, Preston Market, and a large supermarket. A short walk will also take you to Preston high street's restaurants, shops, library, and the 108 tram. The apartment is also located next to the St. Georges Road bike trail, taking you south into Fitzroy, Northcote, and the CBD or north to the Western Ring Road/Bundoora.

Property is available for immediate rental.

Property History for 326/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$425,500
10 Mar 2025
Listed for Rent
$380/w
11 Jun 2021
  • 10 Mar 2025
    Sold for $425,500
  • 11 Jun 2021
    Listed for Rent $380 / week
  • 21 Mar 2021
    Listed for Rent $380 / week
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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 21,596 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 64 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 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.