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5/20 Bailey Avenue, Preston$735,000
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5/20 Bailey Avenue

Preston, VIC 3072, Australia
$700,000 – $770,000
2 bed 1 bath 2 car152 m²

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About this property

OPPORTUNITY. Seize a rare opportunity in one of Preston's most sought after South of Bell pockets with this contemporary single level gem, delivering an exceptional lifestyle in a tightly held locale. Beautifully designed and thoughtfully appointed throughout, it effortlessly blends modern comfort with easy care living, setting a benchmark for sophistication, convenience and everyday ease. Ideally suited to first home buyers, young families, downsizers and astute investors. PROPERTY. Welcome to Bailey Avenue, a sleek residence that embodies refined simplicity and elevated liveability. Introduced by a charming brick façade, the home unfolds to reveal polished floorboards and a sophisticated neutral palette, creating a warm and inviting atmosphere throughout its cleverly designed interior. Two light filled bedrooms, each fitted with mirrored robes, offer comfort, privacy and a peaceful retreat. At the heart of the home, the stone topped kitchen makes a striking impression, pairing quality stainless steel gas cooking with an underbench oven, chic cabinetry and generous stone preparation space. It flows effortlessly into the bright and airy meals and living area, where sliding doors open to a private deck and courtyard with pergola, providing a seamless indoor outdoor connection that is perfect for year round entertaining. A stylish central bathroom showcases a walk in shower, bathtub, vanity and toilet, while a European laundry adds everyday convenience. Completing the package is a secure car space, ensuring practicality matches the home's inviting aesthetic. LOCATION. This address delivers outstanding convenience within the zones for Penders Grove Primary School and Thornbury High School. It is also set moments from High Street's vibrant cafés, restaurants, bars and boutiques, along with Plenty Road's CBD bound trams and nearby train and bus services. Surrounded by parklands, reserves, bike trails and daily essentials, it offers a vibrant and walkable lifestyle with everything right at your doorstep. DETAILS. Land Size: 154m² approximately Council: Darebin City Council Schools: Penders Grove Primary School, Thornbury High School Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
152 m²
Listed
1 month ago

Repayment calculator

$3,563/month
$1,782 /fortnight
Loan $588,000 at 6.10% over 30 years

Upfront costs

Deposit$147,000
Stamp duty$39,170
Conveyancing (est.)$2,000
Total upfront$188,170
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Preston

This 2-bedroom apartment in Preston, VIC 3072 sits within reach of public transport, local shops and nearby schools. It is listed 22% below the $940,000 median of 63 comparable apartmentswithin 5 km.

Schools near Preston

  • East Preston Islamic Collegecombined · Prep-12 · CoEd
  • St John's College Prestoncombined · Prep-12 · CoEd
  • Bell Primary Schoolprimary · Prep-6 · CoEd
  • Newlands Primary Schoolprimary · Prep-6 · CoEd
  • Preston Primary Schoolprimary · Prep-6 · CoEd
  • Preston South Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Sapphire Street/Murray Road (bus)1.3 km away
  • Melbourne Indoor Plants546 m away
  • T.A. Cochrane Reserve522 m away
  • H.L.T. Oulton Reserve620 m away
  • Lahinch Reserve724 m away

Preston at a glance

Full suburb profile
Population
33,790
Median age
37
Household income
$1,844/wk
Median rent
$392/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Preston price trend

Median sold · Unit 2 bed

Compound growth -0.9% / yr over 4 yrs

$550kcurrent median

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Price history

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1 price change recorded for this property

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