2/1 Bailey Avenue, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/1 Bailey Avenue
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 80m2
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Property Details for 2/1 Bailey Ave, Preston

2/1 Bailey Ave, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2013. The property has a land size of 80m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Townhouse
Year Built
2013
Floor Size
72m2
Land Size
80m2
Local Government
Darebin
Lot/Plan
2/PS711796

Last Listing description (September 2025)

This bright and welcoming furnished townhome is ready for you to move straight in and enjoy. Ideally positioned south of Bell Street on the Thornbury border, the location offers easy access to everything you need. Enjoy a short stroll to local cafs, parklands, Preston Market and the vibrant High Street shopping precinct, with Northland Shopping Centre, schools and other local amenities also close by.

Inside, the well-designed floor plan features two generously sized bedrooms, each with built-in robes. The open-plan kitchen offers excellent storage and modern appliances, flowing effortlessly into the north-facing meals, dining and living areas that provide plenty of space and natural light.

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Property History for 2/1 Bailey Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$590,000
10 Jan 2024
Listed for Rent
$575/w
16 Sep 2025
  • 30 Jul 2025
    Listed for Rent $575 / week
  • 10 Jan 2024
    Sold for $590,000
  • 25 Sep 2023
    Listed for Sale $590,000
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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 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% 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 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.

Preston has 21,600 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:

  • The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 937 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.