417/388 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
*Please contact the agent to register for the open for inspection (Note: Government requirements: entrants must be fully vaccinated and show their status via the Service Victoria app upon arrival), or alternatively if status is unknown private appointments may be available on an individual basis.
Light, bright and well laid out, this generously proportioned top floor apartment in the sought-after Murray 388 apartment building would work just as well as a fabulous home for those seeking a coveted, secure lock and leave lifestyle ...as it will as a set and forget investment! A short walk to the Gilbert Road tram in one direction and the Preston Station, the local institution that is the Preston Market, parks, and the latte, culinary and shopping delights of vibrant cosmopolitan High Street in the other, it's a perfect blend of comfort and convenience. Two bedrooms, both with robes, a central bathroom finished with a stone vanity and floor to ceiling tiles and integrating a concealed laundry, complement the generous open plan living meals. Enhanced by hybrid timber flooring and enjoying the year-round comfort of a split system climate control unit, sliding glass doors allow for a seamless transition out to a private balcony, the ideal space to relax on a warm night! Along with secure basement parking and a storage cage, residents enjoy access to a large courtyard among landscaped gardens, a security entrance, and a lift that opens to a spectacular uninterrupted view of the city skyline. Prepare to be impressed!
All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code, show your vaccination status via the Service Victoria app, wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.
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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
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