4/20 Bailey Avenue, Preston, VIC 3072 sold on 06 September 2025 | OnTheHouse
SOLD
Sold on 06 Sep 2025 for $846,000

4/20 Bailey Avenue
Preston VIC 3072

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 4/20 Bailey Ave, Preston

4/20 Bailey Ave, Preston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Preston in the last 12 months.

Building Type
Unit

Last Listing description (September 2025)

This ultra-modern two bedroom unit set in a vibrant pocket south of Bell St offers carefree comfort and seamless indoor/outdoor entertaining. Favoured for its laneway frontage with private entry, the single-storey property has been designed to maximise quality and space throughout. The split-level layout reveals an airy family/meals domain, while the sleek stone-bench kitchen is appointed with s/s appliances and a generous countertop. What’s more, the large undercover deck and low-maintenance backyard are ready for lively soirées. Including a study alcove, BIRs, sparkling bathroom, split systems and polished floorboards. A r/c garage/OSP, laundry facilities, alarm and water tank complete the package. Enviably located, it’s steps to local cafes, CBD transport and parkland. Close to iconic High St, supermarkets and childcare.

Property History for 4/20 Bailey Ave, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$846,000
06 Sep 2025
Listed for Rent
$480/w
08 Aug 2019
  • 06 Sep 2025
    Sold for $846,000
  • 28 Aug 2025
    Listed for Sale $700,000 - $750,000
  • 09 Nov 2019
    Sold for $705,000
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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 21,601 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 82 properties listed for sale, and 40 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 904 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.