1/512 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/512 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 168m2
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Property Details for 1/512 Gilbert Rd, Preston

1/512 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2018. The property has a land size of 168m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Townhouse
Year Built
2018
Land Size
168m2
Local Government
Darebin
Lot/Plan
1/PS811034

Last Listing description (August 2023)

Unbeatable in its low-maintenance lifestyle appeal, this position-perfect two-bedroom plus study townhouse is tailor-made for the homebuyer that is after a premier lock and leave experience.

With popular cafes bookending the centrally positioned townhouse and boutique shops, trendy eateries, transport and JS Grey Reserve at your doorstep, the sensational location will have you pinching yourself every time you venture out the front door. Commuting into the CBD is made easy thanks to the walking distance access to the No.11 tram, and if health and fitness is important to you, living within an easy walk (or jog) of Edwardes Lake Park is your ticket to a fit and active lifestyle.

The positive vibe extends to the high-impact conventional floorplan of this bright and brilliant residence catering for relaxation which comfortably accommodates an expansive open-plan living/dining area with direct access to the wide north-facing courtyard. Other highlights include a stone kitchen benchtop (with stainless steel appliances), while this instant lifestyle upgrade also features high-end finishes throughout, quality carpet and solid hardwood floors, split-system heating/cooling, European laundry, remote single garage and a large front garden all on title.

As a result, the striking open-plan living area unfolds in magnificent style across the upstairs footprint, showcasing two generous sized bedrooms, deluxe central bathroom with floor-to-ceiling tiles, large bathtub and two separate WCs - one on each level. Additionally - an upstairs study/retreat leading out to the spacious and elevated terrace.

Property History for 1/512 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$751,000
22 Jul 2023
  • 22 Jul 2023
    Sold for $751,000
  • 27 Jun 2023
    Listed for Sale AUCTION: $650,000 - $710,000
  • 18 Mar 2019
    Sold for $650,000
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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 64 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.