OFF MARKET

4/229 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 192m2
Land area: 116m2
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Property Details for 4/229 Gilbert Rd, Preston

4/229 Gilbert Rd, Preston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2018. The property has a land size of 116m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Townhouse
Year Built
2018
Floor Size
192m2
Land Size
116m2
Local Government
Darebin
Lot/Plan
4/PS747136

Last Listing description (May 2021)

Showcasing a highly flexible, family-friendly layout, this superbly constructed and beautifully finished contemporary residence is a pleasant revelation. An impressively generous internal area of approx 186m2 includes large downstairs living room with northern aspect and garden access, 3 double bedrooms (master with walk-in-robe and opulent ensuite), home office/study, second bathroom, entertainers kitchen with stone benches and quality fittings, and second huge living space with breathtaking views across inner Melbourne to the CBD skyline. Complemented by cavernous double garage, ample storage space, private courtyard and low maintenance garden, large laundry, 2 powder rooms, full width balconies, reverse cycle heating/cooling, and security system. Set well back from the street in a boutique development of only 6 within easy walking distance to trams, shops, schools, and parkland, an inspection will surprise and delight.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 4/229 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,150,000
31 Mar 2021
Listed for Rent
$675/w
06 Feb 2019
  • 31 Mar 2021
    Sold for $1,150,000
  • 25 Feb 2021
    Listed for Sale $1,200,000
  • 05 Feb 2019
    Listed for Rent - Price not available

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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 20,862 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 75 properties listed for sale, and 47 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 760 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.