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.
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.
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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