OFF MARKET

5/480 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 52m2
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Last updated 16 Dec 2024
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Property Details for 5/480 Gilbert Rd, Preston

5/480 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse. The property has a land size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Townhouse
Land Size
52m2
Local Government
Darebin
Lot/Plan
5/PS832023

Last Listing description (November 2022)

Frater Group are poised to deliver a suite of 14 townhomes 8 of them individually addressed to create privacy and independence offering a choice of 2 and 3-bedroom homes for young families and downsizers seeking the sophistication and freedom of town-home living in West Preston's urban hub.

West Preston is the suburb of choice for those seeking the cafe lifestyle with family friendly amenities just 12km from the city. Families wanting the fresh air and social buzz of parks and playgrounds can enjoy J. S. Grey Reserve with its fenced playground, BBQs, picnic tables and artistic murals.

A gateway location with the number 11 city tram right on your doorstep, a half

hour tram ride to the CBD, a 20-minute drive to the city, and just 12 train stops to the MCG.

This two bed, two bath luxury townhouse is sure to please!

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Property History for 5/480 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$690,000
27 May 2020
  • 07 Apr 2021
    Listed for Sale Contact Agent
  • 28 Aug 2020
    Listed for Sale Contact Agent
  • 27 May 2020
    Sold for $690,000

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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 21,005 properties. Over the last 5 years, Houses in Preston have seen a 16.22% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Preston is $1,135,746 while the median value for Units is $616,510.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 65 properties listed for sale, and 39 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 774 properties were sold in the past 12 months in Preston.

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