414/388 Murray RoadPreston VIC 3072
Property Details for 414/388 Murray Rd, Preston
414/388 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 77m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (December 2016)
A true winner in fabulous first home living or making the most of your investment dollar is this BRAND NEW two bedroom apartment with contemporary finishes with Preston's best on your doorstep.
Placed in a location to love, casually stroll to Preston Market, Preston train station, the High Street shops and the Gilbert Road tram so you can enjoy the best dining experiences on High Street. Perfectly placed glazing captures great sunlight throughout the day, while the balcony is a pleasant place to enjoy a relaxing afternoon.
The generous design incorporates open-plan living, dining and modern kitchen with stainless steel appliances including dishwasher. Fine extras such as split system heating, stone benches throughout, timber flooring, secure entry and a single basement car space with storage cage.
Property History for 414/388 Murray Rd, Preston, VIC 3072
- 03 Dec 2022Sold for $475,000
- 24 Nov 2016Sold for $415,000
- 04 Nov 2016Listed for Sale $400,000 - $420,000
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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 21,610 properties. Over the last 5 years, Houses in Preston have seen a 16.08% increase in median value, while Units have seen a 10.01% increase. As at 28 February 2026:
- The median value for Houses in Preston is $1,251,239 while the median value for Units is $636,892.
- Houses have a median rent of $650 while Units have a median rent of $550.
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