1/605 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

1/605 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 750m2
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Property Details for 1/605 Gilbert Rd, Preston

1/605 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 750m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Townhouse
Year Built
2011
Floor Size
75m2
Land Size
750m2
Local Government
Darebin
Lot/Plan
1/PS617280

Last Listing description (May 2023)

Light-Filled Living in a Prime Location

Modern first-floor apartment in secure boutique block, this well-maintained home makes for an enviable entry into Preston. Stylish interior comprises two bedrooms with BIRs and central bathroom, open plan living area complemented by a well-appointed kitchen with stainless steel cooking appliances and dishwasher. Add to this split-system heating and cooling, internal laundry facilities, double doors (from the living area) to private terrace, plus lift access to entry foyer and secure undercover parking space (no stacker).

Recently updated with contemporary hybrid flooring, lighting and newly painted this apartment is primed for first homeowners, young professionals, or astute investors.

It also boasts an unbeatable Regent Village location with Regent train station, cafes at your doorstep, easy access to shopping centers, Preston market, schools, and major arterials.

With the Tram 11 terminus at your doorstep, you are only 25minutes from the Brunswick Street restaurant precinct and 35mins from the CBD (approx).

Property History for 1/605 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$460,000
05 May 2023
  • 05 May 2023
    Sold for $460,000
  • 17 Apr 2023
    Listed for Sale Under Offer
  • 15 Dec 2020
    Sold for $420,000
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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.