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309/388 Murray Road, Preston VIC 3072

$440,000 - $470,000

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$440k - $462k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 2 Baths 1 Car 77 m²

Listed: yesterday

Overview

This spacious two-bedroom, two-bathroom apartment offers a harmonious blend of privacy, generous living areas, and convenient urban access within Preston's vibrant heart. The design maximizes natural light throughout an expansive open-plan living and dining space, seamlessly connecting to a large balcony perfect for entertaining or relaxing, fostering an appealing indoor-outdoor lifestyle.

The apartment features a modern kitchen equipped with quality stainless steel appliances and ample storage, balancing practical use with contemporary style. With well-separated bedrooms each fitted with built-in robes, the layout is thoughtfully arranged to enhance comfort and privacy.

The primary bedroom stands out with direct balcony access, a stylish ensuite, and a walk-in robe, adding a touch of luxury and convenience. Meanwhile, the additional bathroom accommodates flexible living arrangements and guests.

Situated just a short walk from Preston Station, tram routes, shopping centers, markets, educational institutions, and local parks, this residence suits a range of buyers — from first home buyers and professionals to downsizers — looking for low-maintenance living paired with excellent connectivity and lifestyle opportunities, with Melbourne's CBD accessible by train in around 25 minutes.

Expansive open living area with natural light
Generous entertainer's balcony connecting living spaces
Modern kitchen with premium appliances and storage
Well-separated bedrooms with built-in storage
Main bedroom benefits from balcony access, ensuite and walk-in robe
Located close to public transport, shopping, and parks
Ideal for buyers valuing convenience and lifestyle

Local Market Insights

In Preston, Quiet Listings observed 10 new apartments entering the market over the last 30 days, unchanged from 10 in the prior period, with an average advertised asking price of $445,400. The property type mix of listed properties is predominantly Houses at 48%, followed by townhouses (21%), and apartments (13%). The most active agency for apartments in the Preston area is currently Nelson Alexander, representing 60% of new listings, followed by Ray White with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.