Back 12/388 Murray Rd
Off Market

12/388 Murray Rd

Preston VIC 3072

2
2
1
Apartment
Matthew ZagamiMatthew Zagami, last sold this property on 16 July 2025 after 167 days on market.

Overview

Designer Luxury in Prime Corner Position

Enriched by natural light, alfresco allure, and a ground-floor corner setting, this superbly spacious 2 bedroom, 2 bathroom apartment is an affordable gateway into the best of the north. Simply stroll to neighbouring Preston Market, High Street cafes, quality schools, Melbourne Polytechnic, Preston trains, and city-bound trams. Your search ends here! Discover the air-conditioned joys of roomy open-plan living and dining, underscored by a stone-finished kitchen boasting an inviting island bench and stainless-steel appliances including a full-sized dishwasher. The amount of space inside and out is truly unique. Access a full-width courtyard through sliding glass and instantly relax under partial shelter and shade highlighting a tranquil leafy aspect. This game-changing space is where the home truly comes alive with an opportunity to entertain on a grand scale. Both robed bedrooms are sunlit and substantial in size, serviced by ceiling fans and a pristine pair of fully tiled bathrooms with stone-topped vanities, spacious bathtub and mirrored cabinetry. Comprehensive features include secure undercover parking, an over-the-bonnet storage unit, Euro laundry, split-system heating and cooling, double roller blinds, recessed down-lighting, and intercom security. Fitting the bill as a far-reaching first home, a low-maintenance town base, and a high-performing investment, live the life you love today!

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
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 12/388 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 12/388 Murray Rd

2025
Sold
Undisclosed
16 Jul 2025 by Matthew Zagami, of VICPROP BRUNSWICK
2018
Sold
$460,500
Auction Sale on 10 Nov 2018 by Joshua White, of Nelson Alexander Preston

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, 189 two-bedroom apartments similar to 12/388 Murray Rd, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Preston

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent