1/539 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/539 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1/539 Gilbert Rd, Preston

1/539 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Townhouse
Local Government
Darebin
Lot/Plan
1/PS736140

Last Listing description (May 2023)

A Contemporary Living Style In Preston West!

This two-story residence, delivers a lifestyle of low-maintenance perfection with its versatile design with open plan living and dining provides privacy and quiet enjoyment. The lower level is completed by a spacious separate study area and a master bedroom with dual access en-suite, another bedroom with walk-in robe and a family bathroom in upstairs. An open-plan kitchen features cool cabinetry with soft closing mechanisms and integrated dish-washer, while elegant, low-maintenance timber floors line the living and dining areas. Central zoned refrigerated and heating air conditioning, alarm system, high ceiling, gutter guard mesh, natural light, lock up garage with remote control, and internal access. Featuring access to the no.11 tram at the front door, as well as shopping and parks within a short walk, Preston Market and train station are perfectly located for a stress-free stroll, as well as a variety of nearby amenities.

- Land Size: 166sqm
- House Size: 99sqm (approx.)
- Rental Appraisal: $432 - $460 per week
- Settlement Terms: 30//60/90 days
- Deposit Terms: 10% of the purchase price
- Nearest School: Preston West Primary School, Preston High School, Melbourne Polytechnic (NMIT)

Property History for 1/539 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$700,000
09 Dec 2021
  • 29 May 2023
    Listed for Sale $620,000 - $682,000
  • 15 Dec 2021
    Listed for Sale $620,000 - $682,000
  • 14 Dec 2021
    Sold for $700,000
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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.