11 Mitre CrescentBayswater VIC 3153
Property Details for 11 Mitre Cres, Bayswater
Last Listing description (September 2026)
*** UNDER OFFER ***
Positioned in a quiet and well-established pocket of Bayswater, 11 Mitre Crescent presents an exceptional opportunity for builders, developers, and land buyers seeking a substantial residential development site in a high-demand location.
Set on approximately 919 square metres of land, the property offers outstanding scope for redevelopment, with potential for a 34 unit project (STCA). The existing dwelling is in original condition and requires significant renovation works, making this an ideal proposition for those looking to clear the site and maximise its future potential.
A key advantage of the property is the absence of a vegetation overlay, providing greater flexibility and simplifying the planning process for future development outcomes (STCA).
Property Features:
Land area: 919 square metres approx.
Potential 34 unit development site (STCA)
No vegetation overlay
Quiet residential location
Ideal new home or townhouse redevelopment opportunity
Strong demand precinct with excellent future upside
Conveniently located close to local schools, parks, shopping facilities, public transport, and major road networks, this is a rare opportunity to secure a sizeable development site within one of Melbournes continually growing eastern suburbs.
For further information or to arrange an inspection, contact Wayne Sewell on 0403 524 683 or email wayne@appleby.com.au.
Property History for 11 Mitre Cres, Bayswater, VIC 3153
- 20 Jul 2026Sold for $780,000
- 13 May 2026Listed for Sale $780,000 to $820,000
- 28 Feb 1984Sold
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 9,169 properties. Over the last 5 years, Houses in Bayswater have seen a -3.68% decrease in median value, while Units have seen a 5.96% increase. As at 31 August 2026:
- The median value for Houses in Bayswater is $844,708 while the median value for Units is $671,091.
- Houses have a median rent of $650 while Units have a median rent of $580.
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