Back 223/388 Murray Rd
Off Market

223/388 Murray Rd

Preston VIC 3072

2
2
1
Apartment
Alexander MaglioloAlexander Magliolo, last sold this property on 15 August 2025 after 66 days on market.

Overview

Style And Convenience In Preston's Heart

Destined to draw in the style conscious, this sleek two-bedroom apartment offers a sophisticated, easy-care lifestyle in the heart of Preston. Set inside the fashionable Murray 388 apartment complex only 9km (approx.) from Melbourne's CBD and within easy walking distance of Preston train station, trendy eateries along High Street, Preston Market, Melbourne Polytechnic, Preston West Primary School, parks and playgrounds, this impeccable apartment's contemporary profile is matched by its fashion-forward spaces, which are high on luxury but low in maintenance. Timber floors provide an instant impression in the chic open-plan living and large modern kitchen, stylishly appointed with stainless steel appliances and stone benchtops, while the interior's direct access to the private balcony is destined to delight those who love alfresco dining. Two robed and carpeted bedrooms (master with ensuite featuring an oversized shower) and a sparkling bathroom offer a world of luxury and comfort, while a European laundry, basement car space and storage cage, split-system heating/cooling, ample storage, double-glazed windows, loads of natural light, secure access and access to a communal courtyard makes this a true winner for first-time buyers, investors and downsizers.

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 223/388 Murray Rd is $552.5k.

Median value
$552.5k
Estimated value range
$350k - $926k
Median days on market
31
Estimated value trend
5%
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 223/388 Murray Rd

2025
Rented
Undisclosed
Leased on 14 Sep 2025
2025
Sold
Undisclosed
Private Sale/Treaty on 15 Aug 2025 by Alexander Magliolo
2022
Sold
$450,000
14 Apr 2022 by Keb Nguyen, 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 223/388 Murray Rd, have been sold.

This represents a 4% 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