30 Bailey AvenuePreston VIC 3072
Property Details for 30 Bailey Ave, Preston
30 Bailey Ave, Preston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 777m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (May 2023)
An incredible chance to procure a sizable slice of blue-chip Preston real estate and the opportunity of a multi-dwelling project or brand new luxury home/s awaits (STCA) situated only 11kms from the CBD with popular local amenities and conveniences at your doorstep.
A substantial 777 sqm (approx.) allotment of land is currently home to an original three-bedroom, one-bathroom residence. With a frontage of 13.3m (approx.), the options are endless with the potential development of luxury townhouses, multiple units or a grand bespoke family residence (STCA).
Set in a quiet street just south of Bell Street and within close proximity to Plenty Road trams, Thornbury station, South Preston Shopping Centre, local schools, parklands and the vibrant restaurants and cafes of High Street, the opportunities to create something extraordinary are endless.
Property History for 30 Bailey Ave, Preston, VIC 3072
- 10 Mar 2023Listed for Sale Contact Agent
- 04 Dec 2021Sold for $1,450,000
- 11 Nov 2021Listed for Sale Contact Agent
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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 20,867 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.
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