54 Elizabeth StreetBayswater VIC 3153
Property Details for 54 Elizabeth St, Bayswater
54 Elizabeth St, Bayswater is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 976m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 1976.
Last Listing description (August 2026)
Positioned in one of the most connected pockets of Bayswater, this property presents a rare and versatile opportunity that will instantly appeal to growing families, first-time buyers, and astute investors alike. Offering the perfect blend of immediate comfort and outstanding future prospects, this home sits proudly on a generous, full-size allotment that comes loaded with immense potential for a premium multi-dwelling redevelopment or the creation of your ultimate dream home (STCA).
Step inside to discover a highly functional and thoughtfully designed floorplan that maximizes space and effortless everyday flow. The accommodation features three well-proportioned bedrooms, including a spacious master retreat complete with its own private ensuite. The remaining bedrooms are well-serviced by a neat central family bathroom, ensuring absolute convenience for the whole household.
Beyond the front door, the location offers an enviable lifestyle of total convenience. Families will love the close proximity to top-tier educational options, being situated within easy reach of Bayswater South Primary School, Our Lady of Lourdes School, and Bayswater Secondary College. Daily commuting is a breeze with the nearby Bayswater Train Station and local bus networks offering seamless transit links. When it comes to retail, dining, and entertainment, you are absolutely spoiled for choice with the vibrant Bayswater Shopping Village just moments away, while the expansive retail hub of Westfield Knox is only a short drive down the road.
Whether you choose to move straight in and enjoy the functional family layout, lease it out for immediate rental returns, or unlock the incredible capital growth potential of a full-size block in a booming suburb, this property is a winning investment. Secure your future in a location that truly has it all.
Property History for 54 Elizabeth St, Bayswater, VIC 3153
- 21 Aug 2026Sold for $842,000
- 30 Jul 2026Listed for Sale Not Disclosed
- 28 Nov 1976Sold for $43,900
Recent sales nearby
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0About Bayswater 3153
The size of Bayswater is approximately 7.9 square kilometres. There are 17 parks, covering nearly 4.5% of the total area. The population of Bayswater in 2016 was 11758 people. By 2021 the population was 12262 showing a population growth of 4.3% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation.In 2021, 63.40% of the homes in Bayswater were owner-occupied compared with 65.30% in 2016.
Bayswater has 9,143 properties. Over the last 5 years, Houses in Bayswater have seen a -0.64% decrease in median value, while Units have seen a 9.12% increase. As at 31 July 2026:
- The median value for Houses in Bayswater is $859,409 while the median value for Units is $674,341.
- Houses have a median rent of $650 while Units have a median rent of $580.
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