5/406-408 Murray RoadPreston VIC 3072
Property Details for 5/406-408 Murray Rd, Preston
5/406-408 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 179m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
Last Listing description (March 2013)
Vibrant Villa Dimensions
One of only five, appreciating the privacy of its attractive setting at the rear, this generous single level villa offers the ultimate convenience of a location so close to Preston Market, the station, the shops and High Street that no car is needed. Generous proportions, lots of natural light and the constant comfort of reverse cycle heating/cooling enhance an inviting living/dining area, complemented by a separate, central north facing kitchen/meals space. In their own zone, two bedrooms, each with built in robes, share a well maintained bathroom while a separate laundry provides access to outdoor areas including a private courtyard retreat. Lock up garage and visitor parking add further appeal to a tempting opportunity, adjacent to Preston West Primary School.
Property History for 5/406-408 Murray Rd, Preston, VIC 3072
- 23 Mar 2013Sold for $392,000
- 27 Feb 2013Listed for Sale AUCTION SATURDAY 23RD MARCH AT 3:30PM
- 18 Nov 2006Sold for $242,000
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0About 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 21,600 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:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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