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409/388 Murray Road, Preston VIC 3072

BUYER'S GUIDE: $480,000 - $520,000

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$480k - $504k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 2 Baths 1 Car

Listed: 4 hours ago

Overview

Situated at 409/388 Murray Road in Preston, this apartment offers a highly convenient urban lifestyle within a vibrant area known for its café culture and excellent transport links. Ideal for first home buyers, professionals, or those wanting a manageable low-maintenance home, the property includes two bedrooms, two bathrooms, and secure parking for one vehicle. The second bathroom adds versatility and personal comfort, making it well-suited for housemates or guests.

Residents benefit from immediate access to Preston Market's fresh produce and High Street's diverse eateries, alongside easy city commutes by foot to Preston Station. Practical features such as built-in robes, floorboards, split system heating, air conditioning, intercom system, and secure remote garage parking enhance daily living. Additionally, pet-friendly provisions cater to animal owners, creating a welcoming environment.

This apartment's location and modern amenities create an appealing foundation for those seeking a functional and lifestyle-oriented home in an accessible neighbourhood.

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.