5/23 Bailey Ave, Preston is a 2 bedroom, 1 bathroom Unit and was built in 2019. The property has a land size of 139m2 and floor size of 79m2.
In a leafy streetscape just north of Thornburys border, this unit delivers an environment of style and sophistication with its designer interior, private surrounds and close proximity to everything that counts. Beautifully appointed, the unit showcases 2 bedrooms (all with fitted robes), split systems, central bathroom, light-filled open living/dining area, courtyard, and handy storage shed. Add to this a gourmet stone-bench kitchen, tiled splashbacks, stainless steel cooking appliances, dishwasher, European laundry and remote-controlled garage. Walking distance to Plenty Road trams and a choice of bus routes, South Preston Shopping Centre, local parks and Penders Grove Primary School, easy access to High Street cafes and Thornbury Station.
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 20,861 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:
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