SOLD
Sold on 28 Oct 2023 for $380,000

201/18 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
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Property Details for 201/18 Gilbert Rd, Preston

201/18 Gilbert Rd, Preston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
59m2
Local Government
Darebin
Lot/Plan
206/PS725428

Last Listing description (March 2024)

Situated on the Preston/Thornbury border, with tram, shops & cafe's at your doorstep you could not ask for more. The apartment is in near new condition with an open plan kitchen/living area over looking a sizable balcony with area views. The large kitchen hosts stainless steel appliances, flowing on to the living/dining area with split system heating and cooling and sliding doors to the balcony. The modern central bathroom sits between the two spacious bedrooms, both carpeted with built-in mirrored robes, one with balcony access. There is an additional study nook and the European laundry completes the floorplan. Features of the property include, polished floorboards, secure intercom access and one car parking space via remote-entry and storage cage, (the car parking space is a car stacker, please note their is a load limit and size limit for the car stacker). Not forgetting its location being close to trams, trains and local schools, the parkland of Swain Reserve and Sir Douglas Nicholls Reserve and Miller Street Restaurants, with shops and cafes all at your front door.

Property History for 201/18 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$380,000
28 Oct 2023
Listed for Rent
$380/w
18 Jan 2021
  • 20 Feb 2024
    Listed for Rent $500 / week
  • 28 Oct 2023
    Sold for $380,000
  • 24 May 2023
    Listed for Sale $360,000 - $390,000
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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 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:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Damian Slodyczka
Sam Paradisis
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Ray White Pascoe Vale
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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 for any loss or damage arising in connection with the data and information contained in this publication.