519 Gilbert Rd, Preston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 158m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in November 2026. There are other 3 bedroom Unit sold in Preston in the last 12 months.
Warehouse-inspired proportions, versatile design and a vibrant inner-north lifestyle come together in this expansive three-bedroom residence. Set across two generous levels, it delivers the space modern buyers crave, with an open plan living zone, seamless indoor-outdoor flow and easy access to some of the area's best cafs, transport links and lifestyle attractions.The wide entrance creates a sense of arrival, leading to two substantial ground-floor bedrooms, both with built-in robes. The main enjoys the added luxury of an ensuite and direct access to a private courtyard retreat, while a central bathroom with integrated laundry and a separate powder room enhance day-to-day functionality. Upstairs is dedicated to living and entertaining. Soaring in scale, the open-plan living, dining and kitchen domain is complemented by a lounge area, creating flexibility for working, relaxing or hosting. The contemporary kitchen is appointed with stainless steel appliances and a walk-in pantry, while glass doors extend to a generous east-facing terrace, perfect for morning coffee, long lunches or evening drinks.A third bedroom and guest powder room complete the upper level, offering excellent flexibility for families, guests or those working from home. Additional features include a remote tandem garage, split-system heating and cooling, evaporative cooling upstairs and excellent storage throughout.Positioned in one of the inner north's most connected lifestyle pockets, enjoy easy access to trams, local cafs, parks, schools (zoned to Preston High School & Newlands Primary School) and Coburg Hill Shopping Centre, while High Street's renowned dining scene, Preston Market and city-bound train services are all moments away.
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:
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