4/559-563 Gilbert RoadPreston VIC 3072
Property Details for 4/559-563 Gilbert Rd, Preston
4/559-563 Gilbert Rd, Preston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 120m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (January 2025)
SOLD BY Morrison Kleeman - Perfectly positioned for exceptional daily convenience, this well-appointed, well-presented, low-maintenance, lock-and-leave home is tailor-made for a busy lifestyle.
With Grey Reserve, cafes and takeaways, and the Gilbert Road Tram at your doorstep, Regent Station is within an easy walk and the iconic Preston Market is just minutes away. Whether you are seeking a superb base for yourself or something to rent out, this is an opportunity you do not want to miss.
The light filled ground floor introduces an expansive open plan living area that integrates a stone finished stainless-steel equipped kitchen and opens to a private rear courtyard large enough for lounging, dining and cooking, it's ideal for relaxed summer enjoyment.
The first floor offers three bedrooms. The spacious main includes a walk-in robe and a full ensuite (bath, shower and dual basins). The remaining two share a family bathroom, with all three enjoying balconies!
Extras include ample storage, a wine rack in the kitchen, split system units, ducted heating, a guest powder room, easy-care flooring in the living area, and parking on the title.
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Property History for 4/559-563 Gilbert Rd, Preston, VIC 3072
- 20 Dec 2024Sold for $857,500
- 15 Oct 2024Listed for Sale ESR: $825,000 - $865,000
- 28 Apr 2022Listed for Rent $495 / week
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0About 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 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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