2/23 Bailey Ave, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2019. The property has a land size of 95m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.
In a sought-after Preston location south of Bell Street, delivering the perfect blend of contemporary comfort, low-maintenance living and everyday convenience, this stylish two-bedroom townhouse presents an outstanding opportunity for first home buyers, professionals, downsizers and investors in a sought-after Preston location.Designed for effortless living, the ground floor features a light-filled open-plan living and dining area with double-glazed windows that flow seamlessly to a private courtyard with established garden beds and storage shed, creating the perfect space for relaxing or entertaining. The modern kitchen showcases stone benchtops, stainless steel Smeg appliances, Smeg dishwasher, generous preparation space and soft-close cabinetry. A downstairs powder room, Euro laundry and a remote single garage with walk-through access adds everyday practicality.Upstairs, two generous bedrooms are fitted with mirrored built-in robes and split-system heating and cooling, sharing a sleek fully-tiled central bathroom. Split-system heating and cooling to both the living area and bedrooms ensures year-round comfort throughout.Positioned within walking distance of Plenty Road trams, multiple bus routes, South Preston Shopping Centre and local parks, this outstanding address also enjoys easy access to High Street's vibrant cafs, restaurants and bars. Thornbury Station and quality schooling including Penders Grove Primary and Thornbury High School, with Preston High School and Parade College also nearby.Offering modern style, private outdoor space and an exceptionally connected lifestyle, this is easy-care living in one of Preston's most convenient pockets.
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 21,619 properties. Over the last 5 years, Houses in Preston have seen a -1.16% decrease in median value, while Units have seen a 7.18% increase. As at 31 July 2026:
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