SOLD
Sold on 04 May 2024 for $1,320,000

305 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 641m2
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Property Details for 305 Gilbert Rd, Preston

305 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 641m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Preston in the last 12 months.

Building Type
House
Year Built
1940
Land Size
641m2
Local Government
Darebin
Lot/Plan
11~G/LP6213

Last Listing description (May 2024)

This three bedroom clinker brick home has been stylishly renovated combining the timeless character of its Art Deco pedigree with the modern, contemporary style of today. Set well back on a deep 641m2 (approx.) allotment that incorporates a 51m2 (approx.) studio offering outstanding potential for self-contained accommodation and currently employed as a huge third bedroom, this home shines with its exclusively finished interiors and outstanding versatility. Hardwood floors feature throughout this home where glass doors and picture rails are showcased in a spacious lounge before flowing to a skylit dining space where a window seat invites family and friends to join for a casual meal or welcome festivity. A shaker style kitchen featuring exclusively tiled splashbacks, 900mm Smeg range, stone counters on a stylish island and LG dishwasher makes cooking for a crowd a breeze, and a bi-fold window and door offer seamless connection to an alfresco deck that includes a built in Matador BBQ offering easy summer entertaining. Deep rear gardens with the studio present an ideal scenario for a young family, inviting them to live and grow in a home that is steps to Trend Caf and trams, near a choice of schools (zoned to Preston West Primary), Preston Station and its iconic market, bustling High Street and Merri Creek trails. Modern style shines through a versatile study space, fully tiled designer bathroom with a freestanding tub and custom lighting, while comfort and convenience comes via heating/cooling and off-street parking.

Property History for 305 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,320,000
04 May 2024
Listed for Rent
$670/w
21 Jun 2022
  • 04 May 2024
    Sold for $1,320,000
  • 10 Apr 2024
    Listed for Sale $1,050,000 - $1,150,000
  • 11 May 2022
    Listed for Rent $670 / 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 20,796 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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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.