177-179 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

177-179 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 557m2
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Property Details for 177-179 Gilbert Rd, Preston

177-179 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 557m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Land Size
557m2
Local Government
Darebin
Lot/Plan
12~C/LP8256

Last Listing description (February 2024)

As the front door shuts behind, so does the rest of the world and the allure of a bygone era captivates. Gracing a coveted Preston address on the south side of Bell Street, the choice is yours to enjoy the present-day picture of this charming single-level beauty or wipe the slate clean and maximise the full potential of the generous 555sqm (approx.) corner allotment with an exciting townhouse development (STCA).

Signature period charm resonates with soaring high ceilings, original stained timberwork and timeless wall picture rails and the warm hues of timber floors spread underneath your toes to a beautiful effect. Accommodation abounds with three bright bedrooms of gracious period proportions, which are serviced by a bright main bathroom.

Two separate living areas that include a welcoming informal living room and a large central main living room accentuates the home's everyday functionality and versatility, while a well-appointed timber kitchen overlooking the radiant meals area caters for a growing household.

A sizeable backyard promises kids the freedom to roam endlessly today, yet there's also scope for adults to tap into the potential goldmine of tomorrow by subdividing the block and building a nest egg for the future (STCA).

A single lock-up garage accessed via Matlock Street, sunroom, separate laundry and ducted heating are the finishing touches of this value-packed home, which is an easy walk from trendy eateries, the No.11 tram, Bell Primary School, H Swain Reserve and the Merri Creek Trail and within minutes of Preston Market, Bell train station and High Street's buzzing lifestyle strip.

Property History for 177-179 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,300,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $1,300,000
  • 17 Oct 2023
    Listed for Sale $1,380,000
  • 17 Sep 2021
    Transferred
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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 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 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.