5/20 Bailey Avenue, Preston, VIC 3072 | Unit for sale | OnTheHouse
 
FOR SALE
$700,000 - $770,000

5/20 Bailey Avenue
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 152m2
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Auction Time
Sat 4 Jul 12:30 pm
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No upcoming inspections scheduled.
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The Heart of Convenience, The Soul of Preston

OPPORTUNITY.
Seize a rare opportunity in one of Preston's most sought after South of Bell pockets with this contemporary single level gem, delivering an exceptional lifestyle in a tightly held locale. Beautifully designed and thoughtfully appointed throughout, it effortlessly blends modern comfort with easy care living, setting a benchmark for sophistication, convenience and everyday ease. Ideally suited to first home buyers, young families, downsizers and astute investors.
PROPERTY.
Welcome to Bailey Avenue, a sleek residence that embodies refined simplicity and elevated liveability.
Introduced by a charming brick façade, the home unfolds to reveal polished floorboards and a sophisticated neutral palette, creating a warm and inviting atmosphere throughout its cleverly designed interior.
Two light filled bedrooms, each fitted with mirrored robes, offer comfort, privacy and a peaceful retreat.
At the heart of the home, the stone topped kitchen makes a striking impression, pairing quality stainless steel gas cooking with an underbench oven, chic cabinetry and generous stone preparation space. It flows effortlessly into the bright and airy meals and living area, where sliding doors open to a private deck and courtyard with pergola, providing a seamless indoor outdoor connection that is perfect for year round entertaining.
A stylish central bathroom showcases a walk in shower, bathtub, vanity and toilet, while a European laundry adds everyday convenience. Completing the package is a secure car space, ensuring practicality matches the home's inviting aesthetic.
LOCATION.
This address delivers outstanding convenience within the zones for Penders Grove Primary School and Thornbury High School. It is also set moments from High Street's vibrant cafés, restaurants, bars and boutiques, along with Plenty Road's CBD bound trams and nearby train and bus services. Surrounded by parklands, reserves, bike trails and daily essentials, it offers a vibrant and walkable lifestyle with everything right at your doorstep.
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Property Details for 5/20 Bailey Ave, Preston

5/20 Bailey Ave, Preston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 152m2. The place is currently for sale with Noel Jones Whitehorse.

Building Type
Unit
Land Size
152m2
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,606 properties. Over the last 5 years, Houses in Preston have seen a 1.25% increase in median value, while Units have seen a 9.04% increase. As at 31 May 2026:

  • The median value for Houses in Preston is $1,197,462 while the median value for Units is $641,823.
  • Houses have a median rent of $700 while Units have a median rent of $570.
There are currently 75 properties listed for sale, and 51 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

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Alvin Lam
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Steve Dardamanis
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Noel Jones Whitehorse
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