Back 404/388 Murray Road
Off Market

404/388 Murray Road

Preston VIC 3072

2
2
1
87 m²
Apartment
Last sold for $465,000
Ian DempseyIan Dempsey, last sold this property on 21 August 2026 after 24 days on market.

Overview

Stunning apartment living with uninterrupted city views

Rarely does an apartment offer such a compelling combination of scale, style and lifestyle appeal. Positioned within the sought-after Murray 388 complex, this apartment is a generously proportioned two-bedroom residence offering an impressive sense of space, contemporary comfort and sweeping city views. Showcasing a well-designed floorplan and quality finishes throughout, this home presents an outstanding opportunity for owner occupiers, professionals and investors alike. The expansive main living and dining zone flows seamlessly from the well-appointed kitchen, creating a spacious environment idea for both everyday living and entertaining. The main bedroom provides a private retreat complete with walk-in robes, an ensuite and direct access to your balcony. The second bedroom features built in roves and captures impressive city views, while the apartment as a while takes full advantage of its elevated position with breathtaking views across Preston and beyond. A thoughtfully designed layout, quality finishes and secure basement car parking complete this outstanding residence. The impressive balcony is a true highlight, extending the living experience outdoors and providing the perfect setting to entertain guest, enjoy your morning coffee or unwind while taking in the panoramic city outlook. Enjoy one of Prestons most connected locations, everything you need is right at your doorstep. Preston Train Station is just moments away, providing effortless access to Melbourne CBD, while the Preston Market, Gilbert Road trams, High Streets vibrant café and dining precinct and Northland Shopping Centre are all within easy reach. Surrounded by local parks, recreational facilities and quality schools include Preston West Primary School and Preston High School. This exceptional apartment combines space, views, convenience and lifestyle in on of Preston most desirable pockets.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
87 m² floor area
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 404/388 Murray Road is $545.5k.

Median value
$545.5k
Estimated value range
$365k - $926k
Median days on market
30
Estimated value trend
-1%
decrease 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 404/388 Murray Road

2026
Sold
$465,000
21 Aug 2026 by Ian Dempsey, of Ray White Northcote
2024
Rented
Undisclosed
Leased on 23 Jul 2024 by Ray White Preston
2024
Rented
Undisclosed
Leased on 22 Jul 2024 by Ray White Preston

Happy sellers in Preston

93%
93% 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 108 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom apartments in Preston

In the last 12 months, 156 two-bedroom apartments similar to 404/388 Murray Road, have been sold.

This represents a 29% increase in two-bedroom apartments sales when compared to the previous 12 months.

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