1/416 Gilbert Road, Preston, VIC 3072 sold on 22 February 2025 | OnTheHouse
 
SOLD
Sold on 22 Feb 2025 - Price Unavailable

1/416 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 1/416 Gilbert Rd, Preston

1/416 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit

Last Listing description (February 2025)

Enjoying a dual street frontage along Gilbert Road and Cooper Street on a block of only two, contemporary independent living in a prized lifestyle location is yours for the taking with this single-level two-bedroom unit.

Screened for privacy behind a wall of greenery and impressing with its beautifully updated interior, low-maintenance lifestyle appeal and immediate liveability, it's an inspired choice for empty nesters, the astute investor or young couple keen to secure their place in one of Melbourne's best lifestyle locations.

Be greeted by a light and bright living area on entry, where you can unwind in a spacious setting, while a renovated modern kitchen excels with its generous proportions, stone benchtops, stainless steel appliances and plentiful storage.

A stylish central bathroom services the two generously sized bedrooms (both with ceiling fans and the front bedroom with window shutters), and with separate laundry, split-system heating/cooling, tiled flooring throughout, alarm system, remote single garage with an additional car space in front and two private and easy-to-maintain courtyards, it's evidently a smart choice for a host of buyers.

Enhancing your standard of living is the sought-after location, which is an easy walk to Preston Market, Preston West and St. Raphael's primary schools, Regent Village cafes, HP Zwar Reserve, Melbourne Polytechnic Preston Campus, Preston train station and the No.11 tram, which stops at your door.

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Property History for 1/416 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
22 Feb 2025
  • 22 Feb 2025
    Sold for $741,000
  • 28 Jan 2025
    Listed for Sale AUCTION $640,000 - $690,000
  • 12 Apr 2003
    Sold for $247,500
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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 21,593 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 61 properties listed for sale, and 36 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

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