SOLD
RECENT ADVICE
Sold on 02 Oct 2024 for $1,001,000

3/20 Bailey Avenue
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 3/20 Bailey Ave, Preston

3/20 Bailey Ave, Preston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in Preston in the last 12 months.

Building Type
Townhouse
Local Government
Darebin
Lot/Plan
3/PS602301

Last Listing description (October 2024)

Bound to impress young families, professionals and investors alike, this ultra-modern three bedroom, two bathroom townhouse presents premium inclusions, maximised space and a sought-after address just minutes to iconic High Street attractions. Boasting a private position in a boutique allotment, the double-storey property ensures easy upkeep all year round, with its sleek stone finishes and Jarrah floors creating bespoke appeal throughout. The sparkling kitchen is well-appointed in top of the range stainless-steel Miele appliances, including gas cooktop, electric oven/steamer and dishwasher. With ample cabinetry and a breakfast bar completing the package. Meanwhile, the extremely spacious meals/family domain leads to an outdoor entertainer’s deck and low-maintenance backyard providing direct access to the remote-controlled garage. The chic bathroom accompanies comfortable bedrooms split between floors and tailored with robes. Additionally, the master is equipped with a complementary ensuite and walk-in. Further inclusions comprise multiple split system, internal laundry, powder room (third toilet), under-stair storage, intercom/alarm and extra driveway off-street-parking. Enviably situated less than 10km to our multicultural city centre; and zoned to Thornbury High and Penders Grove Primary Schools. Moments to Hayes/Penders Parks, Preston South shops, schools and public transport. Offering quick admission to the tranquil sights and sounds of the Darebin Creek Trail.

Property History for 3/20 Bailey Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,001,000
02 Oct 2024
  • 02 Oct 2024
    Sold for $1,001,000
  • 18 Sep 2024
    Listed for Sale $930,000 - $990,000
  • 22 Dec 2020
    Sold for $900,000
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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 20,869 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 76 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.