593 Gilbert Road, Preston, VIC 3072 | Property Value & History | OnTheHouse
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593 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 508m2
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7.9
1/26
Dec 20

Property Details for 593 Gilbert Rd, Preston

Building Type
Commercial
Year Built
2012
Floor Size
100m2
Land Size
508m2
Local Government
Darebin
Lot/Plan
B/PS700638

Last Listing description (November 2022)

Owner Occupiers / Investors- FOR SALE

A great opportunity exists to acquire this modern lock up shop, of over 80m2 approx. with under cover car park from secure rear roller door access.

Includes kitchen, bathroom facilities, store room and large retail area space.

Suitable for restaurant/cafe/office (etc) (STCA) in this tremendous location with Gilbert Road Tram at your doorstep.

Offers now invited!

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Property History for 593 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$350,000
14 Aug 2021
Listed for Rent
$192/w
06 Nov 2006
  • 14 Aug 2021
    Sold for $350,000
  • 04 Dec 2020
    Listed for Sale Not Disclosed
  • 11 Jun 2014
    Listed for Sale $385,000 O.N.O.
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Local Area Liveability Score

7.9

This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:

  1. Walking time to a local facility
  2. Number of facilities within a 20-minute walk

The overall Liveability Score is made up of smaller sub-scores, as described below.

Sign up or Login to see liveability score in more detail
Walkability
10/10
Schools
10/10
Parklands
10/10
Health
10/10
Shopping
10/10
Public Transport
10/10
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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 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% 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 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 21,105 properties. Over the last 5 years, Houses in Preston have seen a 14.44% increase in median value, while Units have seen a 9.90% increase. As at 30 April 2025:

  • The median value for Houses in Preston is $1,200,395 while the median value for Units is $602,533.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 58 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 785 properties were sold in the past 12 months in Preston.

Preston Profile Page

What's around 593 Gilbert Rd, Preston

593 Gilbert Rd, Preston is in the school catchment zone for Newlands Primary School and Preston High School.

Nearby Schools
Comparable Properties
St Raphael's School
0.53km
Preston 3072
PrimaryNon-GovernmentP - 6Combined272 Enrolled
Newlands Primary School
0.58km
Preston 3072
IN CATCHMENTPrimaryGovernmentP - 6Combined168 Enrolled
Reservoir West Primary School
0.79km
Reservoir 3073
PrimaryGovernmentP - 6Combined582 Enrolled
Preston West Primary School
0.98km
Preston 3072
PrimaryGovernmentP - 6Combined678 Enrolled
SEDA College (Victoria) - AFL- Preston
1.5km
Preston 3072
SecondaryNon-GovernmentCombined Enrolled
Preston Primary School
1.72km
Preston 3072
PrimaryGovernmentP - 6Combined741 Enrolled
Coburg High School
1.83km
Coburg 3058
SecondaryGovernment7 - 12Combined532 Enrolled
Preston High School
1.84km
Preston 3072
IN CATCHMENTSecondaryGovernmentCombined Enrolled
Lynall Hall Community School-The Island Campus
1.86km
Coburg 3058
SecondaryNon-GovernmentCombined Enrolled
Coburg High School-Coburg Teaching Unit
1.9km
Coburg 3058
SecondaryNon-GovernmentCombined Enrolled

Suburb Insights for Preston 3072

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Market Insights
Preston Trends for Houses
Median Value

$1.20M

2.17%
View Trend
Median Growth

2.85%

View Trend
Median Rent

$600/W

-
View Trend
Rental Yield

3.00%

8.30%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (05/24 - 04/25)
Preston Trends for Units
Median Value

$603k

3.26%
View Trend
Median Growth

-1.10%

View Trend
Median Rent

$550/W

10.00%
View Trend
Rental Yield

4.67%

5.18%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (05/24 - 04/25)
Neighbourhood Insights
Age

Population 32,865

0-9

 

12%

10-19

 

9%

20-29

 

17%

30-39

 

19%

40-49

 

16%

50-59

 

11%

60-69

 

8%

70-79

 

5%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy
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CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2025 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Victoria data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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