5 Derwent Dr, Bayswater is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 408m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Expect unrivalled luxury and convenience from this 5-year young, 3 bedroom 2 bathroom double storey residence. Architect designed to reflect spacious, low-maintenance living, this exceptionally finished abode is bliss whether you're a busy family, first homebuyer, couple or investor. It's on its own title on a private corner block of 411 m2 (approx.). Park your cars in the secure internal access remote double garage and stroll to station, village, restaurants, buses, Bayswater Primary and Bayswater Secondary College. Walk to H.E. Parker Reserve, Dandenong Creek Trail and Marie Wallace Park. Close to EastLink, private schools, Westfield Knox and Eastland. An ultra-modern fa ade and exquisite landscaped garden with standard roses captures a striking street presence. The fashionable, sun-lit design offers you 3 large living zones and lavish quality, including 2 designer-style bathrooms, guest powder room, high ceilings, Spotted Red Gum polished floors, CaesarStone benchtops, 2-Pac cabinetry, contemporary d cor, LED downlights and vertical windows framing serene garden views. Superbly appointed with double glazed windows, state-of-the-art Fujitsu refrigerated ducted heating and cooling, a monitored alarm, CCTV and amazing storage (under-stair and built-in). The private ground floor master suite invites relaxation with WIR and large, upmarket ensuite. An upstairs wing boasts high angled ceilings, 2 double bedrooms (BIRs and extra storage), a flexible children's retreat/sitting area, deluxe main bathroom and powder room. Cooking is a pleasure in the high-end, open plan kitchen with stone benchtops, premium s/s appliances, s/s dishwasher, glass splashbacks and extensive storage. With spaces to connect, escape or entertain, enjoy an elegant fireside formal lounge room (with double French doors), and a huge family/meals room with stacker door access to the roofed alfresco deck and easy-care landscaped courtyard. Plus: laundry with excellent storage, 5,000-litres water storage and garden shed.
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 9,116 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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