305 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

305 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 305 Gilbert Rd, Preston

305 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
House
Year Built
1940
Local Government
Darebin
Lot/Plan
11~G/LP6213

Last Listing description (May 2024)

Clinker Home Plus Studio That Simply Excels

This three bedroom clinker brick home has been stylishly renovated combining the timeless character of its Art Deco pedigree with the modern, contemporary style of today. Set well back on a deep 641m2 (approx.) allotment that incorporates a 51m2 (approx.) studio offering outstanding potential for self-contained accommodation and currently employed as a huge third bedroom, this home shines with its exclusively finished interiors and outstanding versatility. Hardwood floors feature throughout this home where glass doors and picture rails are showcased in a spacious lounge before flowing to a skylit dining space where a window seat invites family and friends to join for a casual meal or welcome festivity. A shaker style kitchen featuring exclusively tiled splashbacks, 900mm Smeg range, stone counters on a stylish island and LG dishwasher makes cooking for a crowd a breeze, and a bi-fold window and door offer seamless connection to an alfresco deck that includes a built in Matador BBQ offering easy summer entertaining. Deep rear gardens with the studio present an ideal scenario for a young family, inviting them to live and grow in a home that is steps to Trend Caf and trams, near a choice of schools (zoned to Preston West Primary), Preston Station and its iconic market, bustling High Street and Merri Creek trails. Modern style shines through a versatile study space, fully tiled designer bathroom with a freestanding tub and custom lighting, while comfort and convenience comes via heating/cooling and off-street parking.

Property History for 305 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,320,000
04 May 2024
  • 04 May 2024
    Sold for $1,320,000
  • 10 Apr 2024
    Listed for Sale $1,050,000 - $1,150,000
  • 11 May 2022
    Listed for Rent $670 per week
Sign in to see more transactions
Commute Calculator

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

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.