Back 101/388 Murray Rd
Off Market

101/388 Murray Rd

Preston VIC 3072

2
2
1
Apartment
Last sold for $400,000
Frank RomeoFrank Romeo, last sold this property on 07 October 2025 after 99 days on market.

Overview

Modern Living With Everything At Your Fingertips.

The lifestyle ease of this superb apartment is perfectly matched by its significant position, just a short stroll to public transport, parklands and local shopping/eateries. You'll be instantly wowed by its neutral colour palette and the spacious dimensions of its light and airy interior, with engineered timber floors underfoot flowing into an open plan kitchen, meals and living area with connecting balcony. The beautiful kitchen showcases plentiful storage, quality appliances and dishwasher. Sleeping accommodation includes, two spacious bedrooms (master with balcony access) serviced by two stylish bathrooms. Added highlights also include: * $2390 PCM rental agreement started 3rd May 2025 fixed term for 12 months * Laundry facilities to bathroom * Split system heating/cooling * Carpets * Quality window furnishings * A secure car space with storage cage Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Preston over the last 12 months, the estimated median property value of 101/388 Murray Rd is $550k.

Median value
$550k
Estimated value range
$350k - $926k
Median days on market
31
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Preston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101/388 Murray Rd

2025
Sold
$400,000
Private Sale/Treaty on 07 Oct 2025 by Frank Romeo, of Love & Co Real Estate - Reservoir
2025
Rented
Undisclosed
Leased on 27 Apr 2025 by Love & Co Real Estate - Reservoir
2018
Sold
$430,000
13 Jun 2018 by Ben Leveridge, of Jellis Craig Northcote

Happy sellers in Preston

95%
95% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 121 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom apartments in Preston

In the last 12 months, 188 two-bedroom apartments similar to 101/388 Murray Rd, have been sold.

This represents a 2% increase in two-bedroom apartments sales when compared to the previous 12 months.

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