Back 221/388 Murray Rd
Off Market

221/388 Murray Rd

Preston VIC 3072

2
2
1
Apartment
Last sold for $430,000
George GimelliGeorge Gimelli, last sold this property on 11 June 2025 after 219 days on market.

Overview

Cosy, Contemporary, and Convenient

Step into modern living with this stunning 2-bedroom apartment located in the heart of Preston. Featuring spacious open-plan layouts, contemporary finishes, and an abundance of natural light, this home is designed for both comfort and style, perfect for the first home buyer, investor or downsizer. The contemporary kitchen boasts high-quality stainless-steel appliances, spacious countertops, and ample storage, making it a chef's delight. Two spacious bedrooms come equipped with built-in wardrobes, ensuring plenty of storage and a tranquil retreat for restful nights. The sleek bathroom features modern fixtures and finishes, providing a serene space to unwind, with the ensuite providing complete privacy. Step outside to your own private balcony, ideal for morning coffee or evening relaxation while enjoying views of the surrounding area. All of this whilst being in Close proximity to Preston Station, Preston Market, Shops, Schools, transport and other amenities.

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 221/388 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 221/388 Murray Rd

2025
Sold
$430,000
11 Jun 2025 by George Gimelli, of Ray White Preston
2022
Rented
Undisclosed
Leased on 19 Sep 2022 by Nelson Alexander Reservoir
2019
Sold
Undisclosed
Auction Sale on 09 Nov 2019 by Peter Stratakos, 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 221/388 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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