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

581 Gilbert Road
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 291m2
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Property Details for 581 Gilbert Rd, Preston

Building Type
Commercial
Land Size
291m2
Local Government
Darebin
Lot/Plan
1/LP36317

Last Listing description (April 2021)

Located on a corner site in busy Preston is the opportunity for an established business to occupy this ready-to-go professional services office space. Key features include;

- Building area: 150 sq. metres (approx)
- Land area: 291 sq. metres (approx)

- Office area includes: Large reception area, meeting rooms/individual offices, directors office, large open plan office with four (4) established
workstations, kitchen and lunchroom plus toilet amenities
- Fully fitted out with desks and workstations which will assist an incoming tenant and save on setup costs
- Small yard at rear with external storage shed
- Onsite parking for 4 car spaces with side access from McNamara Street
- Computer/server room plus available storage room office spaces is cabled for simple access to computer/server room
- Reverse cycle air-conditioning in all offices/meeting rooms
- Alarm System
- Zoned Commercial 1
- Directly opposite JS Grey Reserve
- Located directly out the front of West Preston tram stop with local cafes, bars and other professional services/medical uses all within a short distance
- Long term lease available
- Available from 1 November 2020

Miles Real Estate.

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Property History for 581 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$260,000
24 Jun 2002
Listed for Rent
$671/w
29 Apr 2021
  • 30 Oct 2020
    Listed for Rent $35,000 / year
  • 24 Jun 2002
    Sold for $260,000
  • 09 Jun 1995
    Sold for $110,000
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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 21,593 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 61 properties listed for sale, and 36 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 properties were sold in the past 12 months in Preston.

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