551 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

551 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 642m2
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Property Details for 551 Gilbert Rd, Preston

551 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 642m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Land Size
642m2
Local Government
Darebin
Lot/Plan
92/LP7755

Last Listing description (August 2022)

This single level brick home comprises of:

-Loungeroom with timber floorboards, split system and wall air conditioning unit
-Separate dining room

-Kitchen with upright gas cooktop, rangehood, ample bench space and cupboards
-Sunroom with floor to ceiling windows
-Two bedrooms both with built in robes
-Main bathroom with free standing shower, single vanity and toilet
-Separate laundry and additional toilet
-Recreational room, storeroom, games room or teenagers retreat multiuse
-Single garage secured behind gates, with ample space to park along the driveway

This property is ideally located nearby to Preston Market, Preston Station, Coburg Drive in Cinemas, Northland Shopping Centre, Welcome to Thornbury, Austin Hospital, Parklands and Reserves and schools.

Property History for 551 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,130,000
29 Aug 2017
Listed for Rent
$495/w
30 Aug 2022
  • 16 Aug 2022
    Listed for Rent $495 / week
  • 29 Aug 2017
    Sold for $1,130,000
  • 06 Sep 2011
    Sold for $540,000
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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.