5/229 Gilbert RoadPreston VIC 3072
Property Details for 5/229 Gilbert Rd, Preston
5/229 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2018. The property has a land size of 164m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (March 2019)
This brand-new town residence positioned at the rear of an impressive architecturally designed development of only 6 epitomises urban living at its best. With the overall building area covering 23.7sq (approx.) the property features multiple living zones, 2 large bedrooms (main with ensuite), stylish bathroom and an enormous open plan living/kitchen area leading to a north facing courtyard. Features include high ceilings, premium finishes throughout, bespoke kitchen with skylight, garage with internal access, heating/cooling throughout, laundry with separate powder room, under-stair storage and alarm. Enjoying a premium West Preston position with public transport on the doorstep.
Property History for 5/229 Gilbert Rd, Preston, VIC 3072
- 22 Jan 2019Sold for $860,000
- 04 Oct 2018Listed for Sale Private Sale $899,000
Recent sales nearby
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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.
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