8/427-431 Murray Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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8/427-431 Murray Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 160m2
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Last updated 19 Jan 2026
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Property Details for 8/427-431 Murray Rd, Preston

8/427-431 Murray Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 160m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in July 1997.

Building Type
Unit
Year Built
1980
Floor Size
101m2
Land Size
160m2
Local Government
Darebin
Lot/Plan
8/RP3156

Last Listing description (December 2021)

Application Approved
Neat & impressive 2 bedroom unit with polished floors. Comprising entry, sunny living room opening to private front porch area, large kitchen and meals area, bathroom with shower, bathtub, separate toilet and separate laundry facilities. The property features built in robes to both bedrooms, gas heating and separate air conditioning unit, rear private court yard and lock up garage. Close to Preston amenities, Public Transport, Parks, Shops and Markets. $360PW $1564 PCM LEASE TERM: 12 MONTHS AVAILABLE NOW
PLEASE NOTE: Inspections available by appointment only. Please contact our office and advise preferred time/day for inspection. Covid -19 regulations apply for all inspections.

Further information please contact Damien Shiel 0419 394 999 or Paulina Falvo 0414 227 006

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Property History for 8/427-431 Murray Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$104,000
08 Jul 1997
Listed for Rent
$1.56k/w
16 Dec 2021
  • 20 May 2021
    Listed for Rent $360 / week
  • 08 May 2020
    Listed for Rent $390 / week
  • 08 Jul 1997
    Sold for $104,000
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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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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