SOLD
RECENT ADVICE
Sold on 01 May 2024 - Price Unavailable

491 Gilbert Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 557m2
Save

Property Details for 491 Gilbert Rd, Preston

491 Gilbert Rd, Preston is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 557m2. 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
Land Size
557m2

Last Listing description (May 2024)

In a location highly sought after for its surrounding heritage homes and close proximity to schools, Gilbert Rd/Miller Street dining precinct, Regent Village, public transport and parklands, is this mid-century residence situated on 557sqm (approx.) of land that is notable for its superb dimensions and future potential.

Be inspired by the beauty and airy feel to the interior spaces that include solid timber floors, a brick fireplace and lots of character detail. An entrance foyer flows past a stunning living area framed by a brick fireplace and an adjoining dining room. This home also boasts three large bedrooms, an immaculate bathroom and an original kitchen equipped with functional appliances and plentiful storage.

A sunroom connects to the sizeable rear yard that includes off-street parking, a single car garage and plenty of space for the kids to play amongst beautiful, matured trees. Perfectly positioned, with Gilbert tram line at your front door, and with cafes, parklands and schools not too far away!

Property History for 491 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
01 May 2024
Listed for Rent
22 Oct 2021
  • 26 Apr 2024
    Sold for $1,080,000
  • 08 Mar 2024
    Listed for Sale UNDER OFFER
  • 30 Sep 2021
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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

Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Ian Dempsey
Show contact details
Alannah Savvides
Show contact details
Ray White Preston
Preferred contact:
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.