OFF MARKET

5/34 Bailey Avenue
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 153m2
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Property Details for 5/34 Bailey Ave, Preston

5/34 Bailey Ave, Preston is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a land size of 153m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Townhouse
Year Built
2016
Floor Size
71m2
Land Size
153m2
Local Government
Darebin
Lot/Plan
5/PS720616

Last Listing description (February 2022)

Immaculately refurbished with a floorplan that showcases the property's contemporary elegance and sophistication, this two-bedroom, open-plan unit is packed with lifestyle features that are sure to impress the most fastidious of buyers.

The two generous bedrooms feature soft carpets, built-in robes and comfort-controlled split-system heating and cooling. The master has the added advantage of direct access to a private courtyard perfectly aligned for your morning meditations or relaxed afternoon escape.


The open-plan living and meals zone is finished in high-quality porcelain tiling and fed by a contemporary-styled kitchen enhanced with quality stainless steel appliances, sleek cabinetry and a stunning vogue-tiled splashback. With ample storage and a stainless steel dishwasher included, the entire open-plan design enjoys a bounty of natural filtered light from dawn to dusk.

A European laundry and additional cupboard space plus an on-trend central bathroom incorporating a separate shower and bath enables this single-level property to achieve maximum comfort and space within a low-maintenance and highly-functional footprint.

The outdoor entertaining zone is wonderfully framed within high private screenings and surrounded by established greenery. With space for an outdoor firepit, retractable awning and a generous paved alfresco area, the courtyard adds another welcomed dimension.

This appealing property comes complete with a single lock-up garage and a brilliant lifestyle-orientated location central to the highly regarded foodie havens of Plenty Road and High Street. With some of Melbourne's up and coming breweries just around the corner, fabulous parks and easy access to public transport, this is a genuine opportunity for couples, first-home buyers, downsizers or savvy investors to make an astute lifestyle investment.

Property History for 5/34 Bailey Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$785,000
19 Feb 2022
Listed for Rent
$450/w
09 Nov 2020
  • 19 Feb 2022
    Sold for $785,000
  • 25 Jan 2022
    Listed for Sale ONSITE AUCTION - $670,000 - $730,000
  • 26 Oct 2020
    Listed for Rent $450 / week
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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 20,857 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 74 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 749 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Disclaimer
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.