Back 5/396 Murray Rd
Off Market

5/396 Murray Rd

Preston VIC 3072

2
1
1
Unit
Last sold for $415,000
Ross KontossisRoss Kontossis, last sold this property on 17 March 2021 after 69 days on market.

Overview

Exceptional Apartment Living In The Heart Of Preston!

SOLD BY ROSS KONTOSSIS 0413 224 811 Whether you're ready to take your first step into the property market, looking for a secure investment or scaling down to a simple lifestyle; this endearing ground floor property promises to deliver. Nestled at the front of the block, beautifully presented & featuring separate lounge room with high ceilings, like new kitchen with electric cooktop and oven & meals area, two spacious bedrooms and centrally updated bathroom. The outdoor space is spacious, private & secure, whilst being the perfect place to entertain family and friends or enjoy an evening dinner in the privacy of your own backyard. Only a short walk to Preston Train station (450m approx.), Preston market, Bustling High Street cafes & restaurants precinct, NMIT and 10km to Melbourne CBD. This is one opportunity not to be missed! Additional features include, private courtyard, split system heating & cooling.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Preston over the last 12 months, the estimated median property value of 5/396 Murray Rd is $690k.

Median value
$690k
Estimated value range
$390k - $847k
Median days on market
23
Estimated value trend
1%
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 5/396 Murray Rd

2025
Rented
Undisclosed
Leased on 05 Mar 2025 by Barry Plant Northcote - Preston
2021
Sold
$415,000
17 Mar 2021 by Ross Kontossis, of Barry Plant Reservoir
2020
Rented
Undisclosed
Leased on 08 Nov 2020 by Love & Co Real Estate - 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 111 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom units in Preston

In the last 12 months, 9 two-bedroom units similar to 5/396 Murray Rd, have been sold.

This represents a 58% increase in two-bedroom units sales when compared to the previous 12 months.

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