OFF MARKET

1/241 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 83m2
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Property Details for 1/241 Gilbert Rd, Preston

1/241 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 83m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1970
Floor Size
76m2
Land Size
83m2
Local Government
Darebin
Lot/Plan
1/RP2771

Last Listing description (September 2021)

Offering a location that is hard to beat and presenting an opportunity that is hard to come by, this perfectly presented, street fronting home delivers space to enjoy in a place to make your own.

Footsteps to the tram down Gilbert Road to Miller Street Village and into the CBD it is just footsteps from local shops and cafes and just a few minutes from Preston Market and the shops, supermarkets and eateries that surround it.

The light-filled living area overlooking the front yard is complemented by two robed bedrooms sharing the family bathroom and a spacious eat-in kitchen featuring updated cabinetry.

Showcasing comfort and convenience, astute buyers can look to add value over time and reap the rewards of lifestyle and location.

* Garage
* True laundry
* Retro bathroom
* The convenience of a separate toilet
* Gas heating
* Carpet to living and bedrooms

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 1/241 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$580,000
09 Aug 2021
Listed for Rent
$320/w
01 Jul 2021
  • 09 Aug 2021
    Sold for $580,000
  • 12 Jul 2021
    Listed for Sale AUCTION TO BE CONFIRMED
  • 03 Jun 2021
    Listed for Rent $320 / week
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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 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 71 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 777 properties were sold in the past 12 months in Preston.

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