SOLD
Sold on 21 Oct 2024 for $680,000

7/480 Gilbert Road
Preston VIC 3072

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 124m2
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Property Details for 7/480 Gilbert Rd, Preston

7/480 Gilbert Rd, Preston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2020. The property has a land size of 124m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Year Built
2020
Floor Size
70m2
Land Size
124m2
Local Government
Darebin
Lot/Plan
7/PS832023

Last Listing description (February 2023)

This exceptional, beautifully presented Townhouse situated in one of Preston's most sought-after pockets, offers you a contemporary low-maintenance lifestyle.

On-trend interior, showcasing an open plan living and dining area overlooked by a modern kitchen with stone benchtops and S/S appliances. Two generous sized bedrooms, each with BIR's and master bedroom with ensuite.


Features of the property include:

- Premium engineered floorboards and plush carpet to bedrooms
- Laundry facility located in a single remote lock-up garage with internal
access.
- Large private landscaped undercover entertaining area
- Garden shed
- Split system heating/cooling to all rooms
- High ceilings throughout
- Security access
- Water tank
- Dishwasher

Located only 10km's from the CBD and with the number 11 city tram stop right at your door, this home provides easy access to public transport, parks, schools, cafes and restaurants, not to mention the fresh produce at Preston market only minutes away.

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Property History for 7/480 Gilbert Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$680,000
21 Oct 2024
Listed for Rent
$525/w
22 Feb 2023
  • 21 Oct 2024
    Sold for $680,000
  • 17 Feb 2023
    Listed for Rent $525 / week
  • 12 Jul 2021
    Sold for $660,000
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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 20,886 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 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 754 properties were sold in the past 12 months in Preston.

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