568 Mountain HighwayBayswater VIC 3153
Property Details for 568 Mountain Hwy, Bayswater
568 Mountain Hwy, Bayswater is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 741m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (May 2025)
Presenting a rare opportunity to acquire two premium land parcels situated at 568 and 570 Mountain Highway, offering a combined land size of approximately 1480sqm. Whether you're looking to purchase one or both, these expansive blocks provide endless potential for developers, investors, or those seeking a substantial landholding in a highly desirable location.
With impressive frontages, these rectangular allotments, measuring approximately 741sqm (approx.) and 739sqm (approx.) respectively, are nestled on the Mountain Highway Service Road, ensuring easy access while maintaining a quiet, residential feel. Both homes are securely leased out and already generating a steady income, providing an added advantage for investors looking to arrange plans or permits while capitalising on the existing returns.
The generous proportions and dimensions of these blocks offer multiple possibilities for redevelopment (STCA), such as multi-unit projects or grand family homes with ample space for outdoor living.
Situated within proximity to local amenities, the properties are surrounded by key conveniences, including Mountain High Shopping Centre, Westfield Knox, Bayswater Station, and Guy Turner Reserve. Knox Private Hospital, Eastlink, and Melbourne CBD are easily accessible, making this an ideal location for future residents seeking connectivity and convenience.
Take advantage of this unique chance to secure prime real estate in a flourishing community. Don't miss your opportunity to explore the potential of these impressive blocks - perfect for those with a vision.
Property History for 568 Mountain Hwy, Bayswater, VIC 3153
- 01 Mar 2025Sold for $775,000
- 02 Oct 2024Listed for Sale $750,000 - $810,000
- 30 Jul 2018Listed for Sale Not Disclosed
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 9,151 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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