2/23 Bailey Avenue, Preston, VIC 3072 sold on 15 August 2026 | OnTheHouse
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Sold on 15 Aug 2026 for $707,500

2/23 Bailey Avenue
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 95m2
Sold By
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Nelson Alexander Reservoir
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Property Details for 2/23 Bailey Ave, Preston

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.

Building Type
Townhouse
Year Built
2019
Floor Size
70m2
Land Size
95m2
Local Government
Darebin
Lot/Plan
2/PS827908

Last Listing description (August 2026)

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.

Property History for 2/23 Bailey Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$707,500
15 Aug 2026
Listed for Rent
$480/w
27 Jan 2022
  • 15 Aug 2026
    Sold for $707,500
  • 22 Jul 2026
    Listed for Sale Auction $650,000 - $700,000
  • 21 Jan 2022
    Listed for Rent $480 / week
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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 21,619 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:

  • The median value for Houses in Preston is $1,185,725 while the median value for Units is $645,689.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 73 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 902 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.