2/480 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/480 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 54m2
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Property Details for 2/480 Gilbert Rd, Preston

2/480 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2020. The property has a land size of 54m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Townhouse
Year Built
2020
Floor Size
76m2
Land Size
54m2
Local Government
Darebin
Lot/Plan
2/PS832023

Last Listing description (May 2024)

Expression Of Interest- Closing Tuesday 8th August at 6pm (Unless Sold Prior)

In a prized heart-of-Preston West location, this bespoke and luxury like-new two-bedroom two-bathroom residence presents a lifestyle of low-maintenance perfection, premium inclusions and abundance of natural light throughout.

Showcasing landscaped gardens, this town home features exceptional proportions throughout. Excellence continues downstairs with large ceilings and grand entrance, comforting ground floor bedroom with mirrored robes and luxurious bathroom with floor to ceiling tiles.

Upstairs the open plan dining/living with cathedral ceilings and gourmet kitchen equipped with Bosch appliances & dishwasher overlook a generous private balcony perfect for relaxing or entertaining while enjoying the uninterrupted outdoor sun. The Master retreat has wall-to wall mirrored wardrobes, whilst there is a second bathroom with additional toilet

Delivering a luxe low-maintenance living a short walk JS Grey reserve playground, Number 11 tram stop to docklands at your doorstep and boasting excellent access to schools, cafes, Preston Market and surrounding suburbs this is an excellent choice for young couple, investors or even downsizers.

Other features of this sensational town home include video intercom, bespoke cabinetry, plush carpets, internally-accessed remote garage, heating/cooling throughout, remote control blinds & lots of storage.

Property History for 2/480 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$685,000
10 Aug 2023
Listed for Rent
$450/w
07 Mar 2022
  • 10 Aug 2023
    Sold for $685,000
  • 26 Jun 2023
    Listed for Sale Under Contract
  • 28 Feb 2022
    Listed for Rent $450 / week
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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.