3/31 Bailey Avenue, Preston, VIC 3072 sold on 07 March 2025 | OnTheHouse
SOLD
Sold on 07 Mar 2025 for $1,000,000

3/31 Bailey Avenue
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 3/31 Bailey Ave, Preston

3/31 Bailey Ave, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit
Year Built
1990
Local Government
Darebin
Lot/Plan
3/PS314321

Last Listing description (March 2018)

Easy-Living Excellence!

One of only three properties on the block, this freestanding single storey residence provides a truly exceptional low-maintenance lifestyle opportunity boasting a spacious floorplan, long list of features and oversized courtyard. Bathed in natural light, the home's impeccable interior comprises two bedrooms (both with mirrored robes), contemporary-style bathroom and separate WC, open-design lounge/dining area and adjoining kitchen with stainless steel cooking appliances. Add to this ducted heating and split-system a/c, alarm, polished hardwood floors, double blinds, full-size laundry, dishwasher, plus remote-control garage and a wonderfully private full-width courtyard to relax or entertain. Well south of Bell Street, within walking distance to buses, parks and schools, with easy access to High Street trams, Thornbury Station and local cafes.

Property History for 3/31 Bailey Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,000,000
07 Mar 2025
  • 03 Mar 2018
    Sold for $753,000
  • 07 Feb 2018
    Listed for Sale $600,000 - $660,000
  • 18 Jul 2014
    Listed for Sale SOLD - $550,500
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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 21,596 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:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 38 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 946 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.