177-179 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House. The property has a land size of 555m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Preston in the last 12 months.
As the front door shuts behind, so does the rest of the world and the allure of a bygone era captivates. Gracing a coveted Preston address on the south side of Bell Street, the choice is yours to enjoy the present-day picture of this charming single-level beauty or wipe the slate clean and maximise the full potential of the generous 555sqm (approx.) corner allotment with an exciting townhouse development (STCA).
Signature period charm resonates with soaring high ceilings, original stained timberwork and timeless wall picture rails and the warm hues of timber floors spread underneath your toes to a beautiful effect. Accommodation abounds with three bright bedrooms of gracious period proportions, which are serviced by a bright main bathroom.
Two separate living areas that include a welcoming informal living room and a large central main living room accentuates the home's everyday functionality and versatility, while a well-appointed timber kitchen overlooking the radiant meals area caters for a growing household.
A sizeable backyard promises kids the freedom to roam endlessly today, yet there's also scope for adults to tap into the potential goldmine of tomorrow by subdividing the block and building a nest egg for the future (STCA).
A single lock-up garage accessed via Matlock Street, sunroom, separate laundry and ducted heating are the finishing touches of this value-packed home, which is an easy walk from trendy eateries, the No.11 tram, Bell Primary School, H Swain Reserve and the Merri Creek Trail and within minutes of Preston Market, Bell train station and High Street's buzzing lifestyle strip.
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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:
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