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

591 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 508m2
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Property Details for 591 Gilbert Rd, Preston

591 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 508m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Year Built
2012
Floor Size
96m2
Land Size
508m2
Local Government
Darebin
Lot/Plan
A/PS700638

Last Listing description (May 2012)

Best value Off Plan Apartments in Preston - prices start from $350,000
Designer Boutique Off Plan Apartments are now available for sale in Preston West.
Chose from spacious and modern 1 & 2 bedroom apartments (all with large balconies & secure car parking) - PRICES START AT $350,000

Other features include and are not limited to:
*located in one of the best spots of always desired Preston West - only 9kms from Melbourne's CBD
*Public Transport at your door step
*Boutique Development will guarantee great tenancies & rental returns
* Maximum Stamp Duty savings still apply
*Wholesale prices apply
More about the suburb:
West Preston is the most expensive part of Preston, consisting of larger homes, well kept sidewalks and nature strips and large established trees in its streets. Halwyn Crescent was rated by The Age as the best street in West Preston. Other exclusive streets are, Collins St, Wallace St, Tennyson Ave, Grange St, Grampian St, Grandview Rd, Cramer St, Kendall St, Bruce St, Bischoff St, Malpas St, Madeline St, Mount St, Mount Pleasant Rd, James St, and Gilbert Rd between Bell St and Murray Rd *source - 'The Age' October 2010*
This is the perfect opportunity to get into the market and/or expand your property portfolio. Also perfect option for first home buyers.
Contracts available immediately - $2,000 to reserve NOW.
Call One World Project Marketing on 1300 072 898
Additional feature/s - Central Location.

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Property History for 591 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$245,000
22 Aug 2012
Listed for Rent
$360/w
29 Aug 2017
  • 22 Aug 2012
    Sold for $245,000
  • 31 May 2012
    Listed for Rent - Price not available
  • 08 Aug 2011
    Listed for Sale FROM $350,000
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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 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 properties were sold in the past 12 months in Preston.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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