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Sold on 12 Jul 2024 - Price Unavailable

254 Gilbert Road
Preston VIC 3072

Bedrooms: 4
Bathrooms: 1
Car spaces: 10
Floor area: 121m2
Land area: 556m2
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Barry Plant - Doncaster East (Projects)
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Property Details for 254 Gilbert Rd, Preston

254 Gilbert Rd, Preston is a 4 bedroom, 1 bathroom House with 10 parking spaces and was built in 1920. The property has a land size of 556m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
121m2
Land Size
556m2
Local Government
Darebin
Lot/Plan
27~B/LP1754

Last Listing description (July 2024)

Boasting prominent street exposure on an outstanding 556sqm (approx.) corner block, a five-star investment or development (STCA) opportunity awaits.

Easily accessible via public transport with the No.11 tram and bus services just footsteps away, the convenient location will be of great interest to any kind of GP or allied health medical practitioner (doctors, dentists, chiropractors, physiotherapists, psychologists, etc) looking for a property boasting three consulting rooms, kitchen, store room, large reception area, spacious waiting room, laundry, toilet facilities, bathroom, on-site parking for 10 cars accessed via Wallace Street and ample street parking. Still operating as a medical practice, being fully equipped, functional and furnished, this is a rare opportunity not worth missing.

Located in a five-star Preston address within easy walking distance of the Merri Creek Trail and only minutes to Bell train station, Preston Market, Coburg Hill Shopping Centre and numerous schools, this potential-rich allotment also presents an inspired setting for a trendy residential development (STCA).

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Property History for 254 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
12 Jul 2024
  • 12 Jul 2024
    Sold
  • 25 Jun 2024
    Listed for Sale Contact Agent for Price
  • 11 Dec 2023
    Listed for Sale Contact Agent
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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 20,792 properties. Over the last 5 years, Houses in Preston have seen a 32.89% increase in median value, while Units have seen a 14.94% increase. As at 31 July 2024:

  • The median value for Houses in Preston is $1,168,519 while the median value for Units is $604,072.
  • Houses have a median rent of $615 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 785 properties were sold in the past 12 months in Preston.

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