523 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 668m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Cherished by the local community, with over 90 years of diverse history, The West Preston Progress Hall (WPPH) is now one of the most unique properties in West Preston. Beyond its modernist brick-veneer facade, the exterior building on this significant block (Land approx 14.6m x 45.7m - 668sqm) has been re-stylised and brought into the 21st century to offer a 160sqm home. Character-filled and captivating, this three-bedroom warehouse style conversion balances its origins and heritage status with contemporary functionality and flair to provide that wow factor. Original brick and timber features converge with modern fittings, highlighting its remarkable dimensions throughout. An 80sqm sun-filled open plan living, dining zone and entertainer's kitchen island welcome guests with astounding space in the comfort of split, reverse cycle air-conditioning. And as the winter draws in, a wood burner provides additional comfort and amenity via high output space heating, enhanced by high density thermal and sound insulation in walls and ceiling. Three bedrooms, with walk-in robe and ensuite in the Master bedroom, a study and a second bathroom complete this incredible residence. Adding to this unique offering, the building at the back of the block is the original hall from 1930, previously used as a nursery, cinema, motorbike and Italian community centre. Featuring its very own stage and dance floor with a total area of 150sqm, all below an outstanding solid beam roof structure, the potential for this space is unlimited. Further to the back of the property, you will find additional toilets, storage and a kitchenette. The residential zone schedule 2 and commercial use will enable you to make the most of this incredible property, from a full residential conversion (STCA) to the set-up of your business or your community hub / activities. Access to the property is via north and south, full length alleys, including a rear courtyard and ROW access. Trams out front and walking distance to Regent Village cafes, Coburg Hill Shopping Center and Coburg Olympic Swimming Pool. It's also close to local parks (on the door step of Larkins Reserve), kindergartens and primary schools, easy access to Preston and Coburg Train Stations, High Street shops and the renowned Preston Market. No real estate agents please. For more information contact via phone or via email. Photo ID required at all openings. Access to property at the discretion of owner. Phone enquiry code for this property:4888
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 21,615 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
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