8/397 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

8/397 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 1692m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 8/397 Murray Rd, Preston

8/397 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 101m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Townhouse
Year Built
2017
Floor Size
101m2
Land Size
1692m2
Local Government
Darebin
Lot/Plan
8/PS739316

Last Listing description (February 2023)

Presenting this stylish brand new architecturally designed double story townhouse comprising of downstairs with 2 spacious bedrooms and built in robes. Master features beautiful ensuite and gorgeous private courtyard.

Features include:

* Private balcony

* Private low maintenance courtyard with external screens for privacy
* Communal garden space with tilt BBQ
* Timber flooring
* Split systems for heating and cooling
* LED light Fittings
*Modern appliances
*Central location
*Private courtyard
*Close to Hubert road Tram and Preston train station
*Close to shops and cafes

Don't miss out on this fantastic opportunity to live in such a stunning property.* Secure basement parking stacker and bike storage.

This home is ideally located in a part of Preston that has easy access to all forms of public transport, local amenities and the highly regarded and the popular Preston Market are all just a short stroll away.

Welcome to another Bellman home, please contact us Kenneth 0430 121 802 & Michael 0468 574 855

Don't miss out on this opportunity!

Property History for 8/397 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$628,000
24 Jan 2023
Listed for Rent
$500/w
24 Jan 2019
  • 24 Jan 2023
    Sold for $628,000
  • 05 Sep 2022
    Listed for Sale Private Sale $590,000 - $649,000
  • 09 Jan 2019
    Listed for Rent $500 / week
Sign in to see more transactions
Commute Calculator

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 21,613 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.
There are currently 67 properties listed for sale, and 41 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 948 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.