8/388 Murray Road, Preston, VIC 3072 sold on 01 July 2026 | OnTheHouse
SOLD
Sold on 01 Jul 2026 for $500,000

8/388 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 5273m2
Save

Property Details for 8/388 Murray Rd, Preston

8/388 Murray Rd, Preston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 5273m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
90m2
Land Size
5273m2
Local Government
Darebin
Lot/Plan
8/PS733538

Last Listing description (July 2026)

Rarely does a ground-floor apartment offer such a compelling combination of scale, versatility, and outdoor living. G8 at the sought-after Murray 388 complex is a genuinely oversized two-bedroom residence, with a flexible study/second living space that can easily serve as a third bedroom, set across an impressively generous floorplan that feels more like a house than an apartment. From the moment you step inside, the sense of space is immediate and unmistakable.

The expansive main living zone flows naturally from the kitchen and provides ample room for both living and dining, while the separate Living 2/Study adds the kind of flexibility that growing families, remote workers, or savvy investors will immediately appreciate. The master bedroom is a true retreat, complete with a walk-in robe and private ensuite, while the second bedroom features its own built-in robe and easy access to the central bathroom. A thoughtfully designed entry and well-appointed bathroom round out an interior that is as functional as it is comfortable.

The undeniable star of this apartment is the sprawling north-facing balcony, an entertainer's dream that extends the living space dramatically outdoors, whether you're hosting a summer gathering or simply savouring a quiet morning coffee in the fresh air.

Preston's finest amenities sit practically at your doorstep. Preston Train Station is just 200 metres away, putting the Melbourne CBD within easy reach, while the Gilbert Road tram, Preston Market, and the vibrant High Street caf and dining strip are all a leisurely stroll from your front door. Northland Shopping Centre is close by for all your retail needs, and the surrounding parklands. Families will appreciate being within the catchment for Preston West Primary School & Preston High School.

Property History for 8/388 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Jul 2026
  • 01 Jul 2026
    Sold for $500,000
  • 12 May 2026
    Listed for Sale SALE $500,000 - $550,000
  • 19 Mar 2022
    Sold for $530,000
Sign in to see more transactions
Commute Calculator

About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,613 properties. Over the last 5 years, Houses in Preston have seen a 2.00% increase in median value, while Units have seen a 7.96% increase. As at 30 June 2026:

  • The median value for Houses in Preston is $1,201,443 while the median value for Units is $647,230.
  • Houses have a median rent of $700 while Units have a median rent of $575.
There are currently 69 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 909 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.