5/395-399 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

5/395-399 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 105m2
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Property Details for 5/395-399 Gilbert Rd, Preston

5/395-399 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 105m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
105m2
Local Government
Darebin
Lot/Plan
5/PS544538

Last Listing description (September 2018)

Tucked away at the rear in a well-maintained block of only five, this single-level villa is a must-see for first-time buyers and astute investors with its impressive indoor/outdoor space, quality updates and terrific location. Light and bright interior comprises two double bedrooms (both with robes) and updated bathroom, central lounge leading through to the dining area and kitchen with gas cooker. Other features include split-system heating and cooling, internal laundry facilities, plus a private rear courtyard and off-street parking space (both on title), as well as a second courtyard (large and north-facing) under licence agreement. City-bound trams at your doorstep, it also offers quick and easy access to Preston Station, High Street cafes, shops and supermarkets, Preston Market and Melbourne Polytechnic.

Property History for 5/395-399 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$519,900
14 Aug 2018
Listed for Rent
$325/w
10 Feb 2015
  • 14 Aug 2018
    Sold for $519,900
  • 20 Jun 2018
    Listed for Sale Private Sale $519,900
  • 11 Sep 2014
    Listed for Rent $325 / 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.