Advantaged by its prized position in the heart of Bayswater, this 976sqm approx. rectangular allotment invites you to dream of the future and renovate the existing home or draw up plans for a multi-dwelling project (STCA).
Reflecting classic character, the current home is ideal for those seeking a rental income whilst plans and permits are obtained, with the layout including three robed bedrooms, serviced by a modernised bathroom and separate toilet.
The lounge room benefits from direct access onto the front porch, while the kitchen and meals zone span through to the family room with a sliding door opening onto an alfresco zone and lush backyard.
Comfortably appointed with a gas heater, split system heating/air conditioning, high ceilings plus a side driveway and single garage.
Resting in a rewarding location, walking distance to Bayswater Primary, Bayswater West Primary, Bayswater Secondary, Bayswater Village, Bayswater Station, buses, Guy Turner Reserve, Dandenong Creek Trail and Marie Wallace Park, whilst only a short drive from Westfield Knox 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 9,134 properties. Over the last 5 years, Houses in Bayswater have seen a 10.57% increase in median value, while Units have seen a 14.65% increase. As at 30 April 2026:
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