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Back 220/388 Murray Road
Off Market

220/388 Murray Road

Preston VIC 3072

2
2
1
Apartment
Last sold for $435,000
Adam BassaniAdam Bassani, last sold this property on 26 August 2025 after 21 days on market.

Overview

Low Maintenance Gem

If you're looking for a well-designed, low-maintenance apartment with everything at your doorstep, Apartment 220 at 388 Murray Road delivers. Set within the highly regarded "Murray 388" complex, this two-bedroom, two-bathroom residence is ideal for first home buyers, downsizers, or investors wanting location, practicality, and secure modern living. Inside, the apartment offers a thoughtful floor plan that makes the most of every square metre. The open-plan living and dining area is generously sized, with large windows letting in plenty of natural light and direct access to your own private balcony - perfect for morning coffee or an evening wind-down. The well-planned layout creates a sense of space and separation within the home, giving each bedroom its own quiet retreat while keeping the living areas open and connected. The kitchen is modern and functional, with clean finishes, great bench space, and lots of overhead and under-bench storage. It's designed for ease, whether you're preparing everyday meals or entertaining friends. Both bedrooms are generously sized and come equipped with built-in wardrobes, providing ample storage. The master bedroom is a private retreat, complete with its own ensuite bathroom that offers convenience and a sense of seclusion. The second bathroom is full-sized and thoughtfully designed, featuring a separate shower alongside sleek, modern fixtures that create a clean and contemporary atmosphere. A discreet European-style laundry is seamlessly integrated within the bathroom area, maximizing functionality without compromising on style or space. The location truly stands out, placing you just moments from Preston Market - a beloved local hub renowned for fresh food, vibrant culture, and a strong sense of community. With Preston Train Station just around the corner, commuting to the city is both quick and convenient. The surrounding neighbourhood offers a diverse mix of cafés, restaurants, supermarkets, specialty shops, and easy access to public transport, ensuring everything you need is close at hand. Whether you're looking to move in or rent it out, this apartment ticks all the boxes: a smart layout, excellent natural light, secure building, and an unbeatable inner-north location. With everything you need at your fingertips, 220/388 Murray Road offers a lifestyle of comfort, simplicity, and urban convenience.

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 220/388 Murray Road 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 220/388 Murray Road

2025
Sold
$435,000
Sold Before Auction on 26 Aug 2025 by Adam Bassani, of Ray White Reservoir

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 220/388 Murray Road, 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

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Sahil Bhasin

Sahil Bhasin is an award winning recommended agent for Preston.  They have 78 local sales and collected 26 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  26 Reviews in Preston
  •  78 Sales in Preston
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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Preston.  They have 48 local sales and collected 23 local reviews across the last 12 months.

  •   4.9   (492 reviews)
  •  23 Reviews in Preston
  •  48 Sales in Preston
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Josie Galati

Sellers who recommend Josie Galati have praised them for being clear communication, supportive, responsive, well-prepared, pleasant, local expert and honest

  •   4.9   (152 reviews)
  •  16 Reviews in Preston
  •  19 Sales in Preston
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George Gimelli

George Gimelli is a recommended agent for Preston.  They have 17 local sales and collected 7 local reviews across the last 12 months.

  •   5   (47 reviews)
  •  7 Reviews in Preston
  •  17 Sales in Preston
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