111/18 Gilbert Road, Preston, VIC 3072 sold on 20 March 2025 | OnTheHouse
 
SOLD
Sold on 20 Mar 2025 for $330,000

111/18 Gilbert Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 111/18 Gilbert Rd, Preston

111/18 Gilbert Rd, Preston is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Apartment sold in Preston in the last 12 months.

Building Type
Apartment

Last Listing description (March 2025)

Expressions of Interest closes Tuesday 25th March at 5.00pm

Perfectly positioned for a lifestyle of ease and convenience, this spacious one-bedroom apartment presents an outstanding opportunity for investors or those seeking a low-maintenance, lock-up-and-leave home.

Just steps from vibrant cafes, restaurants, transport, and the shopping precinct of High Street, this modern residence boasts an open-plan living area where a stylish kitchen takes center stage. Featuring sleek stone countertops, quality stainless steel appliances, and ample storage, the kitchen seamlessly connects to a generous entertainer’s terrace.

The well-appointed bedroom includes a built-in robe and is serviced by a deluxe bathroom and a European laundry. Additional highlights include secure lift access, split-system climate control, timber flooring, and plush carpeting.

This is an ideal choice for those seeking comfort, style, and unbeatable convenience.

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Property History for 111/18 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$330,000
20 Mar 2025
Listed for Rent
$375/w
09 Jul 2019
  • 20 Mar 2025
    Sold for $330,000
  • 26 Feb 2025
    Listed for Sale $230,000 - $250,000
  • 27 Jun 2019
    Listed for Rent - Price not available
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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 21,603 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 80 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 909 properties were sold in the past 12 months in Preston.

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