4/406-408 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

4/406-408 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 154m2
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Property Details for 4/406-408 Murray Rd, Preston

4/406-408 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 154m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
154m2
Local Government
Darebin
Lot/Plan
4/RP13307

Last Listing description (March 2020)

Presented in pristine condition in a premier lifestyle location only 9km (approx.) from Melbourne's CBD yet even closer to Preston train station, trendy eateries along High Street, Preston Market, Melbourne Polytechnic, Northland Shopping Centre, parks and playgrounds, this immaculate single-level unit practically sells itself!

Generously proportioned yet low in maintenance, the positive appeal extends into the radiant interior, which introduces a spacious open-plan living area awash with natural light and excellent kitchen featuring a 600mm upright cooker and plenty of storage space for your pots and pans.

Thoughtful planning sees both large bedrooms zoned in a quiet and private accommodation zone with a fresh main bathroom and standalone toilet, while the spacious yet easy-care nature of the private grassed courtyard is a bonus for those with young children or a furry friend.

High ceilings accentuate height and space throughout, while a large laundry, secure single garage and abundant storage are additional highlights of this fabulous first home, downsizing option or investment in Preston's heart.

Property History for 4/406-408 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$593,000
24 Mar 2020
Listed for Rent
$340/w
21 Aug 2018
  • 24 Mar 2020
    Sold for $593,000
  • 10 Mar 2020
    Listed for Sale UNDER OFFER
  • 08 Aug 2018
    Listed for Rent $330 / 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 21,613 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.
There are currently 67 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 948 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.