5/480 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

5/480 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 52m2
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Last updated 9 Nov 2026
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Property Details for 5/480 Gilbert Rd, Preston

5/480 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Townhouse
Land Size
52m2
Local Government
Darebin
Lot/Plan
5/PS832023

Last Listing description (November 2026)

Please note, rent is paid monthly - $2,824 per calendar month ($650 per week)Enjoy comfortable, low-maintenance living in a well-appointed townhouse offering the perfect combination of security, convenience and modern features. With trams at your doorstep and easy access to local shops, cafes and amenities, this property is ideally positioned for an effortless lifestyle in Preston West.Features include: Two well-sized bedrooms, both with carpet and built-in robes Two bathrooms for added convenience Secure gated entrance for peace of mind Secure lock-up garage with European laundry Split system heating and cooling in both bedrooms and the main living area Private balcony, perfect for enjoying some fresh air Modern kitchen featuring quality Bosch appliances and a dishwasher Convenient public transport access, with the tram right at your doorstep

Property History for 5/480 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$690,000
27 May 2020
  • 13 Oct 2026
    Listed for Rent $650 / week
  • 07 Apr 2021
    Listed for Sale Contact Agent
  • 28 Aug 2020
    Listed for Sale Contact Agent
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,963 properties. Over the last 5 years, Houses in Preston have seen a -5.51% decrease in median value, while Units have seen a 1.79% increase. As at 31 October 2026:

  • The median value for Houses in Preston is $1,167,506 while the median value for Units is $627,538.
  • Houses have a median rent of $710 while Units have a median rent of $600.
There are currently 89 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 826 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.