116-118 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

116-118 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 144m2
Land area: 470m2
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Property Details for 116-118 Gilbert Rd, Preston

116-118 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 470m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1920
Floor Size
144m2
Land Size
470m2
Local Government
Darebin
Lot/Plan
11/LP8598

Last Listing description (December 2018)

Overflowing with grace and charm, it's an instant love affair with this elegant Edwardian delight. Welcoming and noticeably spacious, the light-filled period gem showcases a generous and logical layout, more than capable of accommodating all your family's needs, or even your additional design flair.
Unwind under the gorgeous verandahs set amongst manicured gardens, or simply relax in the bright open-plan lounge, completed with a cocktail counter-bar that follows on to a huge gas-powered kitchen with plenty of bench space and ample wood-trimmed cabinetry. The king-sized main bedroom features an ornate fireplace, a collector's chandelier, French glass doors and the stunning panoramic bay window, whilst the large second bedroom boasts own garden verandah plus the third queen bedroom privately tucked away at rear.
Enjoy a dedicated dining space with expansive glass panels and a barbecue timber deck that overlooks the sunlit rear courtyard, not to mention an internal laundry quarter, powder room, stand-alone multipurpose studio, two secure undercover carparks, electric roller door, garage storage, air-conditioning, ducted heating and many more - all with trams at doorstep plus Gilbert Rd and Miller St shops, cafes, schools, Merri Creek, parklands and Preston's convenient lifestyle amenities only moments away. Simply move in and enjoy, or update with ease and reap the rewards.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 116-118 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$785,000
28 Mar 2015
  • 14 May 2015
    Listed for Sale $785,000
  • 28 Mar 2015
    Sold for $785,000
  • 02 Mar 2015
    Listed for Sale $660,000 - $695,000
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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.