1/229 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

1/229 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 143m2
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Property Details for 1/229 Gilbert Rd, Preston

1/229 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2018. The property has a land size of 143m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Townhouse
Year Built
2018
Floor Size
99m2
Land Size
143m2
Local Government
Darebin
Lot/Plan
1/PS747136

Last Listing description (October 2020)

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Striking contemporary style defines this appeal of this elegant town residence. Saturated in natural light, this inviting home is superbly placed within a boutique development, with sophisticated indoor/outdoor entertaining, expansive proportions and sleek interiors.

A generous open plan domain features polished timber floors and opens out to the picturesque and private front garden, coupled with an upstairs 2nd living area unfolding to a sizeable balcony perfect for alfresco dining and entertaining. The chic kitchen is appointed with a marble island benchtop and quality appliances including gas cooktop, oven and dishwasher.

Two light filled bedrooms equipped with robes provide ideal environments to relax and unwind, including a spacious ensuite main. A second bathroom, separate powder room, laundry and secure single garage complete the home.

Perfectly situated with a tram stop at your front door, within easy walking distance of HP Zwar Park, Preston City Oval, Preston Market and Bell train station.

Please note: Leased until April 2021 at $2,600 per calendar month

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Property History for 1/229 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$865,000
10 Oct 2020
Listed for Rent
$600/w
23 May 2020
  • 10 Oct 2020
    Sold for $865,000
  • 15 May 2020
    Listed for Rent $600 / week
  • 11 Mar 2020
    Listed for Sale $880,000
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 properties were sold in the past 12 months in Preston.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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