404/388 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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404/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 5273m2
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Last updated 6 Apr 2026
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Property Details for 404/388 Murray Rd, Preston

404/388 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 71m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2015
Floor Size
71m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
404/PS733538

Last Listing description (July 2024)

Situated in an Ideal location to suit those with a fast-paced lifestyle. A short stroll to Preston Market and train station plus the advantage of living at a top-level floor this apartment with astonishing views, this apartment is sure to impress.

What you need to know

Accommodations:

- Two generous size carpeted bedrooms
- Walk in Robe and Ensuite in Master Bedroom
- Open plan living room adjoining kitchen area
- Tiled bathrooms with modern fittings
- Sparkling Stone kitchen benchtops
- European laundry

Comforts:

- Stainless steel appliances
- Gas cooktop
- Dishwasher
- Split system heating and cooling throughout the property
- Secure intercom
- Secure undercover parking
- Storage cages

Amenities

- Located moments away from Preston market
- Preston Station
- Bus services
- High st shopping/caf precinct and Eateries
- Vibrant nightlife, bars and much more.

* Rent payable per calendar month: $2390

Bond: $2390

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Property History for 404/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$390,000
27 Apr 2016
Listed for Rent
23 Jul 2024
  • 04 Jul 2024
    Listed for Rent $550 / week
  • 23 Sep 2021
    Listed for Rent - Price not available
  • 12 May 2020
    Listed for Rent - Price not available
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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 68 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 951 properties were sold in the past 12 months in Preston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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