5/397 Murray RoadPreston VIC 3072
Property Details for 5/397 Murray Rd, Preston
5/397 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1692m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
Indulge in modern living at its finest with this stunning 2-bedroom residence, situated in an unbeatable location just a short walk from Gilbert Rd Tram (No.11), High Street, Preston Train Station, Preston Market and walking trails. Boasting a prime spot that appeals to couples, downsizers, and investors alike, this property is a true delight.
A luxurious two-story residence that exudes elegance and sophistication with leafy outlooks, stunning timber floors throughout and a beautiful timber staircase leading to the first floor, this home is sure to impress.
The first floor features an open plan living, kitchen, and dining area that seamlessly blend to create a spacious and welcoming atmosphere. The stylish white kitchen boasts stone benchtops, Smeg stainless steel appliances, an integrated dishwasher, and ample cabinetry/storage, perfect for those who love to cook and entertain. A ceiling fan in the living room and a split system aircon ensure you'll always feel comfortable while relaxing or entertaining guests. You can also enjoy the outdoors from the balcony with easy access from the living room.
The ground floor hosts the main bedroom which provides a peaceful sanctuary for rest and relaxation. Equipped with a ceiling fan, split system aircon, built-in robes, a study nook, and a private ensuite, this bedroom offers everything you need for a comfortable and convenient lifestyle. Additionally, there is a second bedroom with cupboard space and a modern bathroom with floor-to-ceiling tiles, as well as a separate European laundry, extensive storage and outdoor entertaining area.
For the cherry on top, this property comes with an allocated secure underground parking space with a stacker system, as well as secure bike storage. Furthermore, the communal garden space with BBQ offers the perfect place to relax and unwind.
Situated within walking distance of Preston Market, High Street shops and cafes, Melbourne Polytechnic, Preston City Oval, HP Zwar Park and zoned to Preston West Primary & Preston High School - this residence truly ticks all the boxes. Don't miss out on this opportunity to experience a premium lifestyle - schedule your inspection today!
Property History for 5/397 Murray Rd, Preston, VIC 3072
- 07 Jun 2023Sold for $690,250
- 24 May 2023Listed for Sale Under Offer
- 14 Apr 2021Listed for Rent $500 / week
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 21,614 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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