Back 4/20 Bailey Ave
Off Market

4/20 Bailey Ave

Preston VIC 3072

2
1
2
Apartment
Last sold for $846,000
Brian TeBrian Te, last sold this property on 06 September 2025 after 9 days on market.

Overview

Entertain any occasion with this sleek design

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.

Features

2 bedrooms
1 bathroom
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Preston over the last 12 months, the estimated median property value of 4/20 Bailey Ave is $550k.

Median value
$550k
Estimated value range
$350k - $926k
Median days on market
31
Estimated value trend
4%
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 4/20 Bailey Ave

2025
Sold
$846,000
Private Sale/Treaty on 06 Sep 2025 by Brian Te, of Jellis Craig Reservoir
2019
Sold
$705,000
Auction Sale on 11 Nov 2019
2018
Rented
Undisclosed
Leased on 25 Jul 2018 by Love & Co Real Estate Thornbury

Happy sellers in Preston

95%
95% 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 121 reviews in Preston over the last 12 months.

Local market activity for 2 bedroom apartments in Preston

In the last 12 months, 190 two-bedroom apartments similar to 4/20 Bailey Ave, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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