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Back 2/23 Bailey Avenue
Off Market

2/23 Bailey Avenue

Preston VIC 3072

2
1
1
Townhouse
Last sold for $707,500
Spiros KaragiannidisSpiros Karagiannidis, last sold this property on 15 August 2026 after 24 days on market.

Overview

Stylish living with a private courtyard

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 cafés, 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.

Features

2 bedrooms
1 bathroom
1 carspace
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Preston over the last 12 months, the estimated median property value of 2/23 Bailey Avenue is $735k.

Median value
$735k
Estimated value range
$568k - $950k
Median days on market
28
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Preston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/23 Bailey Avenue

2026
Sold
$707,500
Auction Sale on 15 Aug 2026 by Spiros Karagiannidis, of Nelson Alexander Preston
2022
Rented
Undisclosed
Leased on 26 Jan 2022 by Nelson Alexander Preston

Happy sellers in Preston

93%
93% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 110 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom townhouses in Preston

In the last 12 months, 71 two-bedroom townhouses similar to 2/23 Bailey Avenue, have been sold.

This represents a 15% increase in two-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Preston

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Sahil Bhasin

Sahil Bhasin is an award winning recommended agent for Preston.  They have 61 local sales and collected 26 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  26 Reviews in Preston
  •  61 Sales in Preston
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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Preston.  They have 51 local sales and collected 23 local reviews across the last 12 months.

  •   4.9   (507 reviews)
  •  23 Reviews in Preston
  •  51 Sales in Preston
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Josie Galati

Sellers who recommend Josie Galati have praised them for being clear communication, supportive, responsive, local expert, pleasant, well-prepared and reliable

  •   4.9   (158 reviews)
  •  10 Reviews in Preston
  •  11 Sales in Preston
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George Gimelli

George Gimelli is a recommended agent for Preston.  They have 18 local sales and collected 7 local reviews across the last 12 months.

  •   5   (56 reviews)
  •  7 Reviews in Preston
  •  18 Sales in Preston
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