Seize the opportunity for an outstanding property with this 1055m2 parcel of prime residential land.
This is an exciting prospect for Developers, Builders, Astute Investors & Home Buyers!
Ideally situated in a central location of Bayswater, the property is close to public transport, schools, restaurants, cafes, supermarkets and shopping centre.
The property is a 14-minute walk to Bayswater Train Station on the Belgrave Line and a 3-minute drive by car.
This property comes with an approved planning permit from Knox City Council for three units of townhouses with a total land area of 1055m2 for :
*One double storey building of 4 bedrooms + a study of 406.1m3. Double garages.
*One double storey building of 4 bedrooms of 283.4m3. Double garages.
*One single storey building of 3 bedrooms of 252.9m3. Double garages.
Zoned for Bayswater Primary School and Bayswater Secondary College (STSA), and moments to Marie Wallace Bayswater Park, HE Parker Reserve, Mountain High Shopping Centre, Eastland Shopping Centre, buses, Bayswater Station, and Eastlink.
The size of Bayswater is approximately 7.9 square kilometres. It has 17 parks covering nearly 4.5% of 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 9,118 properties. Over the last 5 years, Houses in Bayswater have seen a 27.92% increase in median value, while Units have seen a 20.88% increase. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.