385 Murray RoadPreston VIC 3072
Property Details for 385 Murray Rd, Preston
385 Murray Rd, Preston is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 729m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (February 2021)
Look to the future and let your imagination soar with this majestic three bedroom Art Deco residence on a corner allotment of approximately 730m2. A shining example of Art Deco design in its heyday, this spacious home retains all its 1920s charm with a colonnaded portico, plate rails in a wide entrance hall, and grand lounge and dining featuring tapestry brick fireplaces, striking ceilings and glorious leadlight windows. The largely original eat-in kitchen features some original cabinetry, while the oversized bedrooms share a neat central bathroom with cast- iron tub and pedestal basin. Soaring ceilings and original hardwood timber flooring throughout form a solid foundation for the future enhancement/extension of this once spectacular home, while the generous corner allotment, complete with right-of-way access will appeal to astute investors and developers, presenting an exciting opportunity to realize their development dreams with an iconic new residential complex (STCA). In one of Prestons most popular pockets, a short walk to bustling Preston Market, Preston Station and the cosmopolitan shopping and eateries of High Street, near Gilbert Road trams, Melbourne Polytechnic, parks and schools, zoned to popular Preston High, this superbly situated property promises a potential packed future for an enviable inner-north lifestyle.
Property History for 385 Murray Rd, Preston, VIC 3072
- 08 Feb 2021Sold for $1,280,000
- 06 Nov 2020Listed for Sale Contact Agent
Recent sales nearby
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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.
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