47 Gilbert Rd, Preston is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in May 2018.
Completely secure, this elevated 2-3 bedroom home (plus a large back room) is a low maintenance hideaway with an additional dwelling right on the edge of a popular shopping village. With loads of warmth and space, this heartwarming entertainer features 2 bedrooms, built in robes and fully tiled ensuites, a versatile 3rd bedroom/home office, a timber kitchen with servery into a classic dining room and a relaxed family room with wood heater.
The Tuscan inspired rear garden has an elevated pergola and a whole other dwelling featuring a huge entertainment room with cedar lined ceilings, a workshop (sink), a private timber-lined indoor spa with its own bathroom and the ultimate surprise - a circular staircase down to a purpose built cellar built with audio visual outlets the ultimate entertainer's play den. Other features included ducted heating, evaporative cooling, ducted vacuum and parking for at least 3 cars.
Backing onto Swain Reserve, has the No 11 tram at your door, 11km to the CBD and is around the corner from Bell Primary School, a short walk to Merri Creek and the train, minutes to Preston Market and fabulous cafes.
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:
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