6/397 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

6/397 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 1692m2
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Property Details for 6/397 Murray Rd, Preston

6/397 Murray Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2017. The property has a land size of 1692m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Townhouse
Year Built
2017
Floor Size
103m2
Land Size
1692m2
Local Government
Darebin
Lot/Plan
6/PS739316

Last Listing description (June 2021)

*Important - Any advertised open for inspections times are the available private appointment times. Only registered attendees will be able to view the property, you MUST ensure you are registered to attend the private appointment. Inspections are permitted to a maximum of 10 people inside at any time, subject to the density quotient of 1 person per 4 sqm. All Nelson Alexander opens will be conducted in accordance with the current government requirements. Thank you*

A striking architectural design, garden-focused entry, a choice between two courtyards and a treetop terrace to enjoy and an unbeatable location combine to create an enticing lifestyle within the luxurious dual level spaces of this inviting home.

Ground floor spaces include a main bedroom featuring extensive fitted, built-in robes, a sleek floor to ceiling tiled ensuite and access to a private garden. It is complemented by a second bedroom that also introduces a wall of fitted robes. Opening to a paved courtyard, it sits adjacent to a bathroom as equally impressive and indulging as the ensuite.
On the first floor, a stone finished kitchen showcasing premium Smeg appliances (concealed dishwasher) and sit and chat island bench anchors free-flowing open plan living spaces which extend to a large private terrace, finished with privacy blinds, to create the perfect setting for relaxed living and entertaining.
Along with a communal garden and BBQ area and abundant built-in storage, you or your tenants will enjoy secure basement parking for the car and bike, engineered timber floors, quality carpets, day-night blinds, multiple split system units secure video entry.
In a lifestyle location, a very short stroll to the iconic Preston Market, boutiques, cafes and eateries of High Street and the tram on Gilbert Road it easily meets the needs for carefree living you've been searching for!

Property History for 6/397 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$760,000
19 Jun 2021
Listed for Rent
$500/w
15 Jan 2019
  • 19 Jun 2021
    Sold for $760,000
  • 13 May 2021
    Listed for Sale Auction $700,000 - $750,000
  • 10 Jan 2019
    Listed for Rent $500 / week
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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 21,599 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.
There are currently 63 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 933 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.