3/18 Bailey Ave, Preston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Townhouse sold in Preston in the last 12 months.
Mortgagee in possession.
Perfect for those who value low-maintenance living, this versatile two bedroom townhouse offers modern finishes and lock-up-and-leave convenience, all just a short stroll to the lively atmosphere of High Street. Within a boutique allotment of only six, the double-storey property employs a clever reverse open plan, designed to maximise space and take full advantage of a sunny north-facing aspect. The bright family domain leads to a private entertainer’s balcony, while the functional kitchen/meals area boasts stainless-steel appliances including a dishwasher, walk-in pantry and stone benchtops. Downstairs hosts robed bedrooms along with a sparkling central bathroom, utility courtyard with decking, plus direct entry to the remote-controlled garage. Further highlights comprise timber floors throughout, split system heating/cooling and a concealed European laundry. Enviably set approximately 9.5km to the vibrant CBD, yet just minutes to the lush surrounds of the Darebin Creek Trail. It’s moments to Preston South shops, city-bound trams, Thornbury Station and popular cafes. With easy access to iconic Preston Market and Northland’s thriving retail hub.
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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:
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