60 Jersey Road, Bayswater, VIC 3153 | Property Value & History | OnTheHouse
OFF MARKET

60 Jersey Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4045m2
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Property Details for 60 Jersey Rd, Bayswater

Building Type
Commercial
Land Size
4045m2
Local Government
Knox
Lot/Plan
46/LP8814

Last Listing description (April 2021)

CBRE are pleased to bring to market for sale 60 Jersey Road Bayswater via expressions of interest closing Tuesday 12th November 2019 at 3pm AEST.

The sale presents an opportunity for owner occupiers or investors to secure an office warehouse in the tightly held suburb of Bayswater. Half the site has long term secure income with the front building providing vacant possession.


This gives flexible options including owner occupiers to operate out of a portion of the site and absorb the rear building income or investors/landbankers to let up the vacancy to provide a fully leased site.

Location Highlights
M3 Eastlink 5.2km*
Bayswater railway station 788m*
Mountain Highway 823m*
Dorset Road 696m*
Scoresby Road 745m*
Canterbury Road 1.62km*

Property Details
Total Land Area: 4,047sqm*
Total building area 2,067sqm*
Industrial 1 Zone
Unit 1 1,089sqm* offered with vacant possession
Unit 2 978sqm* and leased returning $71,027* per annum net

For further information please contact exclusive selling agents Joe Brzezek, Sasan Misaghian and Tim Homes from CBRE. The expression of interest deadline is Tuesday 12th of November 2019 at 3pm AEST.

*approx.

Property History for 60 Jersey Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$2,475,000
31 Oct 2019
  • 31 Oct 2019
    Sold for $2,475,000
  • 07 Oct 2019
    Listed for Sale Contact Agent
  • 16 Jul 2015
    Listed for Sale Not Disclosed
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About Bayswater 3153

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:

  • The median value for Houses in Bayswater is $933,153 while the median value for Units is $677,906.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 29 properties listed for sale, and 7 properties listed for rent in Bayswater on OnTheHouse. According to Cotality's data, 392 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 3153

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.