Property Details for 415/388 Murray Rd, Preston
415/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in April 2016.
Last Listing description (January 2026)
Contemporary Living in the Heart of Preston
Positioned within a modern, well-maintained complex, this stylish apartment at 415/388 Murray Road, Preston offers the perfect blend of comfort, convenience and low maintenance living.Designed with functionality and natural light in mind, the apartment features an open-plan living and dining area that flows seamlessly to a private balcony, ideal for relaxing or entertaining. The sleek kitchen is equipped with quality appliances, ample storage and stone benchtops, making everyday living effortless.The spacious bedroom is fitted with built in robes and is serviced by a contemporary bathroom with quality finishes. Additional highlights include split-system heating and cooling, secure intercom entry, basement car space and storage cage.Located just moments from Preston Market, High Street cafs, public transport, parks and local amenities, this is an outstanding opportunity for first home buyers, downsizers or investors seeking strong rental appeal in a thriving inner-north location.Key features:- Open plan living and dining- Modern kitchen with quality appliances- Private balcony- Spacious bedroom with built-in robes- Stylish central bathroom- Split-system heating & cooling- Secure entry, car space & storage cage- Prime Preston location close to shops, transport & parksA smart investment or lifestyle choice in one of Melbournes most sought-after suburbs. .
Property History for 415/388 Murray Rd, Preston, VIC 3072
- 21 Jan 2026Listed for Sale PRIVATE SALE: $390,000 - $420,000
- 23 Aug 2024Listed for Rent $550 PW / $2390 PCM
- 01 Jul 2021Listed for Rent $360 pw/ $1564 pcm
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 21,619 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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