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Sold on 02 Apr 2024 for $332,000

6/591-593 Gilbert Road
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 6/591-593 Gilbert Rd, Preston

6/591-593 Gilbert Rd, Preston is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in Preston in the last 12 months.

Building Type
Apartment
Local Government
Darebin
Lot/Plan
6/PS700638

Last Listing description (April 2024)

This position-perfect apartment in the heart of Regent Village is tailor-made for the homebuyer that's always on the go! With popular cafes bookending the centrally positioned apartment building and boutique shops, trendy eateries, transport and JS Grey Reserve at your doorstep, the sensational location will have you pinching yourself every time you venture out the front door.

Call out your coffee order to any of the cafes any time you step outside to collect your mail, or for a change in cuisine and ambience, hop on the No.11 tram and discover a wealth of popular eateries along the Gilbert Road/Miller Street junction, Brunswick Street or in the CBD.

Loads of natural light filters through the apartment's 'lightwell' courtyard and into the carpeted open-plan living, while stainless steel appliances and stone benchtops highlight the contemporary quality of the stylish kitchen.

A towering cathedral ceiling with highlight windows accentuates the feeling of space in the sun-kissed bedroom, while a spacious modern bathroom, European laundry, split-system heating/cooling, secure access and a single car space enhance the appeal of this instant lifestyle upgrade moments from Edwardes Lake Park, Preston Market, Regent train station and the buzzing High Street strip.

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Property History for 6/591-593 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$332,000
02 Apr 2024
Listed for Rent
$330/w
14 Mar 2019
  • 20 Mar 2024
    Sold for $332,000
  • 28 Nov 2023
    Listed for Sale $330,000 - $360,000
  • 30 Nov 2022
    Sold for $320,000
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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 20,748 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 751 properties were sold in the past 12 months in Preston.

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